Company name Luminor Bank AS
Headline Luminor: Blackstone deal expected to close in 2019


RNS Number : 7037Y
Luminor Bank AS
10 May 2019
 

Luminor: Blackstone deal expected to be closed during the second half of 2019

Luminor Bank AS announces that the closing of the acquisition of a majority stake in Luminor Bank AS by funds managed by Blackstone is planned to take place no later than during the second half of 2019.

A consortium led by funds managed by Blackstone signed an agreement to acquire a majority stake of Luminor in September 2018. The transaction remains subject to regulatory approval of the European Central Bank and local regulators. Based on the current state of such approval process, the parties expect to close the transaction no later than during the second half of 2019.

For further information, please contact Luminor investor relations: ir@luminorgroup.com

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 


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