-+ 0.00%
-+ 0.00%
-+ 0.00%

S-Bank to Launch Redemption Proceedings for Remaining Oma Savings Bank Shares

MT Newswires·10/08/2026 11:18:04
Listen to the news
11:18 AM EDT, 10/08/2026 (MT Newswires) -- S-Bank will initiate arbitration proceedings to redeem the remaining Oma Savings Bank (OMASP.HE) shares not tendered under its public cash offer. The shares will be purchased at the same offer price of 17.20 euros apiece, according to a Thursday release. S-Bank intends to subsequently apply for the delisting of the Finnish lender's shares from Nasdaq Helsinki. S-Bank secured a 96.79% stake in Oma Savings Bank after the expiration of its takeover offer on Sept. 25.