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S-Bank Amasses 97% Stake in Oma Savings Bank Amid Takeover Offer

MT Newswires·09/28/2026 08:09:29
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08:09 AM EDT, 09/28/2026 (MT Newswires) -- S-Bank's ownership in fellow Finnish bank Oma Savings Bank (OMASP.HE) rose to 96.58%, based on the preliminary results of the tender offer, which expired on Sept. 25, according to a Monday release. The suitor will confirm the final results of the offer on Wednesday. Provided ownership of more than 90% is confirmed, S-Bank will declare the tender offer unconditional. Upon completion, Oma shareholders will receive the offer price on Oct. 7.