Vendsyssel Sparekassen acquired all assets from Østjydsk Bank A/S (CPSE:OJBA) for DKK 50 million on February 22, 2018. Under the terms of the transaction, all activities in Østjydsk Bank are being acquired including all assets and liabilities except equity and subordinated capital. Upon completion, Østjydsk Bank will become a part of Vendsyssel Sparekassen. Vendsyssel Sparekassen completed the acquisition of all assets from Østjydsk Bank A/S (CPSE:OJBA) on February 22, 2018.