Acrevis Bank to absorb Regiobank Männedorf in planned merger

Swiss lenders Acrevis Bank and Regiobank Männedorf (RBM) person agreed to merge, with acrevis Bank absorbing RBM successful a transaction valued astatine SFr 25.8m ($35.2m).

As portion of the arrangement, acrevis Bank volition behaviour a 1:5 banal split, with existing acrevis shareholders receiving 5 shares for each 1 they presently hold.

RBM shareholders volition person 17 post-split acrevis shares per RBM stock positive a currency outgo of SFr 200.

This connection marks a 29.9% premium implicit RBM’s volume-weighted mean stock terms implicit the past 60 trading days.

After the merger, RBM volition beryllium integrated arsenic a subdivision nether the caller sanction "acrevis Bank Männedorf".

The Männedorf determination and each existent employees are expected to beryllium retained.

RBM presently employs 11 unit and manages SFr 439.7m successful full assets (mid-2025 figures). Acrevis Bank, with its office successful St. Gallen, holds SFr 5.1bn successful assets and employs astir 190 radical crossed 8 locations.

The merger is taxable to support by some banks' shareholders and regulatory authorities, including FINMA.

Completion of the woody is targeted for mid-year.

The transaction volition beryllium financed chiefly done a superior summation by acrevis Bank.

The extremity is to bring unneurotic the capabilities of some banks and proceed their improvement arsenic portion of acrevis Bank.

Through the merger, RBM volition go portion of a larger organisation portion keeping its Männedorf subdivision successful operation.

"Acrevis Bank to sorb Regiobank Männedorf successful planned merger" was primitively created and published by Retail Banker International, a GlobalData owned brand.

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