Salling Bank A/S (CPSE:SALB) agreed to acquire A/S Vinderup Bank (CPSE:VIND) on September 12, 2012. Pursuant to the merger of Salling Bank and Vinderup Bank, Salling Bank A/S will be the continuing bank. All employees of Salling Bank and Vinderup Bank will be retained. The transaction was approved by the respective boards of Salling Bank and Vinderup Bank. Henrik Møgelmose of Kromann Reumert acted as legal advisor to Salling Bank and Vinderup Bank.

Salling Bank A/S (CPSE:SALB) completed the acquisition of A/S Vinderup Bank (CPSE:VIND) for more than $5 million (DKK 29.1 million) on November 23, 2012. As a consequence of the merger, Vinderup Bank will be deleted from trading and official listing on NASDAQ OMX Copenhagen on November 26, 2012.