Siauliu Bankas
Regarding acquisition of Bank Finasta AB
DGAP-News: Siauliu Bankas 2015-04-15 / 08:15 --------------------------------------------------------------------- Šiauliai, Lithuania, 2015-04-15 08:15 CEST (GLOBE NEWSWIRE) -- On 09 March 2015 Šiaulių Bankas AB and Invalda LT AB published the reports on the stock event stating that a Letter of Intent had been signed and according to it Šiaulių bankas AB would carry out action required to acquire Bank Finasta AB from Invalda LT AB. According to the report published by Invalda LT AB a binding agreement was intended to be signed by 15 April of the current year. Currently Šiaulių Bankas has performed legal and tax due diligence, submitted applications to supervisory authorities and other institutions regarding issue of relevant authorizations to conclude a transaction. After successful completion of the negotiations, signature of the agreement is planned for the nearest future. Chief Executive Officer Vytautas Sinius Chief Executive Officer Vytautas Sinius shall provide the additional information and is available on tel. +370 5 2362 209 News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-04-15 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Siauliu Bankas Lithuania ISIN: LT0000102253 End of News DGAP News-Service --------------------------------------------------------------------- 344241 2015-04-15
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