News/Reuters/Iceland's Kvika Banki rejects bids from Arion Banki and IslandsbankiImportantIceland's Kvika Banki rejects bids from Arion Banki and IslandsbankiRefinitivLess than 1 min readKVIKAISBARIONIceland's Kvika Banki KVIKA on Friday rejected merger proposals from Islandsbanki ISB and Arion Banki ARION saying they undervalue the company. The investment bank said it is open to reevaluating its decision if the banks improve their bids, without disclosing further details. EuropeIcelandic stocksMergers and acquisitionsReuters© Copyright Thomson Reuters 2025. Click For Restrictions - https://agency.reuters.com/en/copyright.htmlShow moreLogin or create a forever free account to read this newsLet's go