S-Bank moves to squeeze out remaining Oma Savings Bank shareholders after reaching 96.79% stake
Bitget2026/10/14 06:45- S-Bank completed its cash tender offer for Oma Savings Bank shares, taking its stake to about 96.79% of shares and votes.
- Cash consideration for shares tendered in the initial offer period was paid on Oct. 7.
- A subsequent offer period has started following completion of the initial phase.
- S-Bank has launched a squeeze-out to redeem the remaining shares at a fair price.
- An extraordinary shareholder meeting is set for Nov. 5 as a virtual session to align governance with the new ownership.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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