Wednesday, January 2, 2019

BoB, VB and Dena Bank shares swap finalized

Image result for bob, dena vijaya bank logo

Bank of Baroda has finalized the share swap ratio for merger of Vijaya Bank and Dena Bank with itself.

As per the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held.

In case of Dena Bank, its shareholders will get 110 shares for every 1,000 shares of BoB.

BoB closed at Rs 119.55, Vijaya bank at Rs 51.05 and Dena Bank at Rs 17.90   in today's trade.

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