Changes to the settlement decision between Landsbankinn and the Competition Authority relating to the acquisition by Landsbankin of all stocks in Ístak hf. In 2013

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• Case number: 34/2014
• Date: 1/12/2014
• Company:
  • Landsbankinn hf.
  • Ístak hf.
• Sectors:
  • Financial services
• Policy Area:
  • Mergers
• Summary

  Changes have been made to certain provisions in a settlement decision concerning the acquisition of Ístak hf. by Landsbankinn hf. (“the Bank”) in 2013. The amendments are designed to facilitate that Bank’s ownership of Ístak comes to an end as soon as possible and also to create a greater distance between the Bank and Ístak