Arion Bank Receives ISK 14—16B Indicative Bids for Blikastaðaland

Arion Bank moved Blikastaðaland ehf. to phase two of its sale process with indicative bids totaling ISK 14—16B, about two-thirds payable in cash at closing. Bids are conditional, terms not final, and no value update has been made to the ISK 7.5B book value.Material DetailsContext by AI AnalystThis…