Spar Nord Bank: Compulsory Share Acquisition Announced by Nykredit

Deal News | Jun 25, 2025 | Globenewswire

Spar Nord Bank A/S is undergoing a significant shift in its shareholder structure following Nykredit Realkredit A/S's decision to conduct a compulsory acquisition of the remaining shares held by minority shareholders. Having previously announced its consummation of a tender offer resulting in ownership of 96.54% of Spar Nord Bank's share capital, Nykredit is pushing forward to acquire the remaining shares. Minority shareholders are demanded to transfer their shares within four weeks, or risk compulsory acquisition at the previously tendered price of DKK 210.50 per share. Concurrently, plans for Spar Nord Bank’s delisting from Nasdaq Copenhagen are underway, contingent upon approval from Nasdaq Copenhagen A/S, aligning with the conclusion of the acquisition process on July 23, 2025.

Sectors

Financial Services
Investment Banking & Brokerage

Geography

Denmark – Spar Nord Bank A/S and Nykredit Realkredit A/S are Danish companies, and the transaction involves the delisting from Nasdaq Copenhagen, Denmark's stock exchange.

Industry

Financial Services – The deal involves significant share transactions and restructuring in Spar Nord Bank, a financial institution, as part of its acquisition by Nykredit Realkredit.
Investment Banking & Brokerage – The transaction includes compulsory acquisitions, tender offers, and share delistings typically associated with investment banking activities.

Financials

DKK 210.50 per share – The price at which minority shares will be acquired during the compulsory acquisition by Nykredit.

Participants

Name	Role	Type	Description
Spar Nord Bank A/S	Target	Company	A Danish bank that is the subject of a compulsory share acquisition and subsequent delisting process.
Nykredit Realkredit A/S	Bidding Company	Company	A Danish mortgage lender acquiring remaining shares of Spar Nord Bank A/S.
Nasdaq Copenhagen A/S	Other - Exchange	Company	The stock exchange where Spar Nord Bank A/S shares are currently listed and for which delisting has been requested.