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Merger with the wholly-owned Danish subsidiaries Nykredit Forsikring A/S and Mølholm Forsikring A/S

On 14 February 2019, the Boards of Gjensidige Forsikring ASA and the two Danish subsidiaries Nykredit Forsikring A/S and Mølholm Forsikring A S decided to merge the companies accordance with the simplified regulation regarding mergers between a parent company and subsidiary across national borders.

 

 

More about the merger

The mergers should be treated as two separate mergers that are not contingent upon each other. Due to the merger taking place across national borders, the General Meeting of Gjensidige Forsikring ASA, as the company taking over, needs to approve the merger plan, according to the Public Limited Companies act.

The merger itself will not affect the Gjensidige group's financial position, but will facilitate a more rational and efficient operation.