Spar Nord Bank A/S (CPSE:SPNO) acquired an additional 4.6% stake in Danske Andelskassers Bank A/S (CPSE:DAB) for DKK 88.5 million on August 17, 2021. Under the terms of the transaction, Spar Nord Bank A/S acquired 8.55 million shares at DKK 10.35 per share. Post-closing, Spar Nord Bank A/S will hold 36.67% stake in Danske Andelskassers Bank A/S.

Spar Nord Bank A/S (CPSE:SPNO) completed the acquisition of an additional 4.6% stake in Danske Andelskassers Bank A/S (CPSE:DAB) on August 17, 2021.