Tag: Iceland:KVB 15 01

Reference is made to the announcement by Kvika banki hf. dated 6 July 2025, in which the Board of Kvika approved the initiation of merger discussions with Arion bank hf. 

Stjórn Kviku banka hefur samþykkt að verða við beiðni stjórnar Arion banka um að hefja formlegar samrunaviðræður milli Kviku banka og Arion banka og hefur viljayfirlýsing þess efnis verið undirrituð af hálfu beggja aðila.

The Board of Kvika banki hf. has approved the request from the Board of Arion banki hf. to initiate formal merger discussions between Kvika banki hf. and Arion banki hf. A letter of intent to that effect has been signed by both parties.

After market close today, the Chairman of the Board and the CEO of Kvika banki hf. received updated letters from Arion Bank hf. and Íslandsbanki hf., in which both companies renewed their request to initiate merger discussions.

Stjórnarformanni og forstjóra Kviku banka hf. barst eftir lokun markaða í dag uppfærð erindi frá Arion banka hf. og Íslandsbanka hf. þar sem félögin ítrekuðu ósk um samrunaviðræður.

In week 23 Kvika banki hf. („Kvika“ or „the bank“) purchased 16,200,000 of its own shares at the purchase price ISK 287,285,000. See further details below: