Source: Cision

yA Bank: Resurs Bank and yA Bank AS will merge through an intra-group merger

The Boards of Directors of Resurs Bank AB (publ) ("Resurs Bank"), a wholly-owned subsidiary of Resurs Holding AB (publ), and its wholly-owned Norwegian subsidiary yA Bank AS ("yA Bank"), have on 3 April 2018 resolved to adopt a joint merger plan and merger report for a cross-border merger between the two companies. The merger will be implemented by Resurs Bank absorbing yA Bank. Following completion of the merger, the Norwegian business will be carried out through Resurs Bank's branch office in Norway. On 28 February 2018, Resurs Bank and yA Bank announced an intention to merge the two

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Est. Annual Revenue
$100-500M
Est. Employees
25-100
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