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Report: Danske Andelskassers Bank to sell DLR Kredit shares

DanskeAndelskassers Bank A/S will sell a portion of its stake in mortgagebank DLR Kredit A/S,FinansWatch reported Sept. 30.

The shares will be sold at a current market value of 47million Danish kroner. The bank will keep DLR Kredit shares worth 33.4 millionkroner.

As of Sept. 30, US$1was equivalent to 6.62 Danish kroner.