SpareBank 1 BV (OB:SBVG) entered in to the letter of agreement to acquire SpareBank 1 Nøtterøy - Tønsberg (OB:NTSG) for NOK 420 million on June 22, 2016. The transaction is expected to be closed by January 1, 2017. Per Ove Giske, John Giæver, Jonas Hjertson and Fredrik Egeland of BDO AS and KPMG AS acted as accountants, SpareBank 1 Markets acted as a financial advisor and Advokatfirmaet Selmer DA acted as a legal advisor to SpareBank 1 BV. SpareBank 1 BV (OB:SBVG) completed the acquisition of SpareBank 1 Nøtterøy - Tønsberg (OB:NTSG) on January 2, 2017.