Banca Transilvania To Merge With Volksbank Without New Share Issue

09.03.2015 By Roxana Pricop

The merger between Romanian lender Banca Transilvania (TLV.RO) and Volksbank Romania (VB.RO) will be made through absorption, while Banca Transilvania’s share capital will not be changed and the bank will not issue new shares, according to the merger draft published on the Bucharest Stock Exchange Wednesday.

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Keywords:
VOLKSBANK
, BANCA TRANSILVANIA
, MERGER
, ABSORBITION