Norwegian Ministry of Finance approves the merger between DnB and Gjensidige NOR
Historisk arkiv
Publisert under: Regjeringen Bondevik II
Utgiver: Finansdepartementet
Press release 105/2003
Pressemelding | Dato: 28.11.2003 | Sist oppdatert: 24.10.2006
The Norwegian Ministry of Finance today gave the necessary regulatory approvals for the merger between the two holding companies DnB Holding ASA and Gjensidige NOR ASA. Furthermore, approval was given to the merger between the two banks DnB ASA and Gjensidige NOR Sparebank ASA. (28.11.2003)
Press release
No.: 105/2003
Date: 28.11.2003
Contact: Anne-Sissel Skånvik, telephone +47 22 24 41 09 /
cell phone +47 91 32 28 11, Tore Mydske, telephone 22 24 45 88 /
cell phone 91 35 32 92
Norwegian Ministry of Finance approves the merger between DnB and Gjensidige NOR
The Norwegian Ministry of Finance today gave the necessary regulatory approvals for the merger between the two holding companies DnB Holding ASA and Gjensidige NOR ASA. Furthermore, approval was given to the merger between the two banks DnB ASA and Gjensidige NOR Sparebank ASA.
The Ministry of Finance has considered the merger with regard to its potential effect on the institutions’ solidity, supervisory concerns, overall financial stability and the competition in the relevant markets. The approvals were given on certain conditions that supplements the conditions set by the Norwegian Competition Authority in its decision of 7 November 2003.