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DnB NOR acquires DnB NORD Bankas
Danuta Pavilenene, BC, Vilnius, 04.07.2011.
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Norway registered DnB NOR Bank ASA has acquired 100 percent of shares of the Lithuania-based bank DnB NORD Bankas on June 30 this year, the company's statement to the Stock Exchange says.
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The shares were purchased from Denmark-based Bank DnB NORD A/S, controlled by DnB NOR Bank ASA, thus becoming direct shareholder of the Bank owning 100% of it's shares and voting rights, writes LETA.