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Hansapank to decide on strategic investor

Sep 17, 1998
By Kairi Kurm

TALLINN - The Tallinn Stock Exchange resumed all trading of Hansapank shares Sept. 14, after a short suspension, but talks with potential buyers of the bank's imminent stock issue are still going on. The talks may last until Sept. 17, when the meeting of the Hansapank council will take place in Helsinki. Hansapank board members had suggested increasing the capital through issuing 7 million new shares but decided to double its stock issue instead, due to a favorable market situation. The issue is ...

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