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Nordax Launches Final Bid of $2.24 Billion for Norwegian Finans Holding

By Dominic Chopping
STOCKHOLM Sweden s Nordax Bank AB said Wednesday that it has launched a best and final bid of 19.6 billion Norwegian kroner ($2.24 billion) for Norwegian Finans Holding ASA, the owner of the internet bank started by Norwegian Air Shuttle ASA founder Bjorn Kjos.
Nordax had a NOK17.8 billion bid rejected in March, raising it to NOK18.7 billion in May.
Wednesday s revised offer comprises NOK105 in cash per share and will be reduced by the amount of any dividend or other distributions made by Norwegian Finans Holding, it said.
While the objective of Nordax is to acquire Bank Norwegian in full, Nordax also sees substantial merit in becoming a majority shareholder, it said in a statement. ....

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Bank Norwegian Says Nordax Raises Takeover Bid to NOK 105 per Share

Bank Norwegian Says Nordax Raises Takeover Bid to NOK 105 per Share
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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News Highlights: Top Financial Services News of the Day

News Highlights: Top Financial Services News of the Day
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Selon l'ISG Index™, les services nuagiques ont dynamisé le marché européen des TI et des services aux entreprises pendant le deuxième trimestre

Selon l'ISG Index™, les services nuagiques ont dynamisé le marché européen des TI et des services aux entreprises pendant le deuxième trimestre
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TietoEVRY follows Bank Norwegian to Germany and Spain

TietoEVRY follows Bank Norwegian to Germany and Spain
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