Business Services Industry
OKO Bank ownership exceeds nine-tenths of Pohjola Group Plc
Nordic Business Report, Jan 11, 2006
NORDIC BUSINESS REPORT-11 January 2006-OKO Bank ownership exceeds nine-tenths of Pohjola Group Plc(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish insurance company Pohjola Group Plc announced on Wednesday (11 January) that the Finnish commercial bank OKO Bank, part of OP Bank Group, owns some 90.06% of the shares and votes of Pohjola.
Since OKO Bank's holding in Pohjola exceeds nine-tenths (9/10) of Pohjola's shares and votes attached to the shares, OKO Bank is entitled to redeem shares held by other shareholders.
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