Nova Ljubljanska Banka (NLB) has announced its intention to launch a voluntary public takeover bid for the shares of the Austrian bank, Addiko Bank (Addiko), with the aim of acquiring control over all of its issued and outstanding shares.
Slovenian NLB is considering an offer of 20 euros per share of Addiko Bank, as reported by the STA agency. The offered share price implies a premium of 22.15% compared to the six-month average weighted share price of 16.37 euros, as stated by NLB in a press release.
“NLB is impressed by the development of Adiko Group’s capabilities as a specialized consumer and SME bank, with an increasingly important digital delivery model. We believe these capabilities would significantly complement NLB’s universal banking model and accelerate the realization of our ambitions recently announced within our development strategy until 2030,” said the CEO of the Slovenian bank, Blaž Brodnjak.
According to the Slovenian agency, Serbian businessmen Miodrag Kostić and Davor Macura are independently interested in purchasing shares of Addiko Bank.