13
Oct 6 (Reuters) – Islandsbanki hf: * BOD OF ISLANDSBANKI, SKAGI HAVE APPROVED INITIATION OF MERGER DISCUSSIONS BETWEEN TWO COS * SKAGI'S OPERATIONS TO BE MERGED WITH ISLANDSBANKI * SKAGI SHAREHOLDERS TO GET 323.9 MLN NEW SHARES IN ISLANDSBANKI IN EXCHANGE FOR SKAGI SHARES, CORRESPONDING TO AROUND 15% OF ISSUED SHARE CAPITAL IN MERGED ENTITY Source text for Workspace: Further company coverage: (Gdansk Newsroom)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
