Sparekassen Vendsyssel Salling Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Blog
Blog
Blog
Blog
6 Apr, 2021
Author
Sanne WassFrancis Garrido
Four merger announcements toward the end of 2020 marked the beginning of a wave of consolidation in the Danish banking sector that analysts believe will continue in 2021. Future deals may, however, not offer the same opportunities for value creation due to recent share price gains.
Bank deal-making picked up across Europe in 2020, and Denmark was no exception. Sparekassen Vendsyssel s agreement to acquire Salling Bank A/S at the end of September was followed by three more deals in as many months. They included Sydbank A/S buying Alm. Brand A/S banking arm, Vestjysk Bank A/S purchasing Den Jyske Sparekasse A/S and Spar Nord Bank A/S taking over P/F BankNordik s Danish business. ....

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