Merger Klepp Sparebank ASA & Time Sparebank

Time-Sparebank_tombstone_dec14
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December 2014 – Merger Klepp Sparebank ASA & Time Sparebank

About the deal

In 2014 Bryan, Garnier & Co acted as valuation advisor to Klepp Sparebank in the merger between Klepp Sparebank and Time Sparebank.

The combined entity was renamed Jæren Sparebank and had, at the time of the transaction, a book value of equity of NOK 1.2bn.

Deal team

Erik Furnes | Managing Director | Oslo | Investment Banking | efurnes@bryangarnier.com

Ole Magnus Broch Tenstad | Director | Oslo | Investment Banking | otenstad@bryangarnier.com

About Jæren Sparebank

Jæren Sparebank is an independent local savings bank and part of the Eika-alliance. The bank is listed on Oslo Stock Exchange and offers services within savings, insurance, financing, payments and real estate.

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