Slovenia's NLB launches 29 euro-a-share takeover offer for Addiko
13/05/2026 08:59
BERLIN, May 13 (Reuters) - Slovenia's Nova Ljubljanska banka d.d. (NLB) NLBR.LJ launched a voluntary public takeover offer to acquire all shares in Austria's Addiko Bank AG ADKO.VI at 29 euros ($34) per share, according to the offer document Addiko posted on Wednesday. "The total cash financing volume for the offer amounts to approximately 566 million euros, on the assumption that all shareholders accept the offer," the document said. The offer, which runs from May 13 to July 22, is conditional on NLB securing at least 75% of Addiko's outstanding voting rights. ($1 = 0.8538 euros) (Reporting by Alexandra Schwarz-Goerlich, writing by Kirsti Knolle, editing by Linda Pasquini) ((kirsti.knolle@thomsonreuters.com;))
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