NLB Joins Raiffeisen in Bidding Battle for Balkans Lender Addiko
15 Articles
15 Articles
New takeover bid for Austrian banking group.
Nova Ljubljanska banka has announced its intention to make a voluntary public takeover offer to acquire all shares of Addiko Bank AG. The offer price is EUR 29 per share, less any future dividend payments.
NLB announced its intention to acquire Austrian bank Addiko Bank at a price of 29 euros per share. A similar intention was announced on Wednesday by the banking group Raiffeisen Bank International, which would pay 23.05 euros per share.
NLB has announced its intention to acquire Austrian bank Addiko Bank at a price of 29 euros per share. A similar intention was announced on Wednesday by the banking group Raiffeisen Bank International, which would pay 23.05 euros per share. NLB tried to take over Addiko Bank in 2024, but was unsuccessful at that time.
The shareholders of RBI were skeptical about the proposed acquisition at the Annual General Meeting of the Bank.
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