NLB Resists Raiffeisen with Higher Offer for Addiko
9 Articles
9 Articles
New turn in the race for Addiko Bank: Slovenia's NLB is increasing its stake and outperforming the competition offer Raiffeisen Bank International. This makes the takeover crime more exciting than ever. Those who end up in the lead may not decide the price alone. In the takeover of Austria's Addiko Bank (formerly: Hypo Group Alpe Adria) the Slovenian Nova Ljubljana banka (NLB) is committed and increases the bid offer vigorously. Since Monday, th…
For an Austrian bank with a business network in the Balkans, it offers a quarter more than its rival Raiffeisen.
The Slovenian bank is far from throwing the towel in the bid for the Balkan-focused bank from Vienna. It is now increasing its offer to 33.50 euros per share after the Addiko management spoke out for Raiffeisen. NLB is now extremely calm in the "Press" conversation.
The battle to take over Austria's Addiko Bank AG has taken a new twist after Slovenia's Nova Ljubljanska Banka (NLB) announced that it intends to significantly increase the price of its takeover bid. NLB now plans to offer 33.5 euros per Addiko share, which is significantly higher than the previous 29 euros offered, but also higher than the competing offer from Austria's Raiffeisen Bank International (RBI), which is offering 26.5 euros per share…
Although the Slovenian bank has once again 'boldened' its offer, RBI, in combination with Alta Group, still has the advantage.
Alta Group stresses today that it will sell its shares in Addiko, despite an increased offer from NLB, to RBI. It notes the announcement of Nova Ljubljana banka d.d., Ljubljana, dated 1 June 2026 that it intends to increase the price per share of its voluntary public takeover offer for Addiko Bank AG to EUR 33.50 per share of Addiko, as stated in a notice. Alta Group confirms that it will maintain its position as set out in its announcement of 1…
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