User name
Password

Don't have a user name yet?
Register here.

Help

Apollo and EBRD take over as NKBM owners

Maribor, 21 April - The Maribor-based NKBM bank has passed fully into the ownership of the US equity fund Apollo Global Management and the European Bank for Reconstruction and Development (EBRD) as the buyers have met all suspensory conditions, including transferring the EUR 250m in purchase money.

Maribor
A news conference upon the completion of the privatisation of NKBM.
Photo: Gregor Mlakar/STA

Maribor
The seat of NKBM.
Photo: Gregor Mlakar/STA

Maribor
The seat of NKBM.
Photo: Gregor Mlakar/STA

Maribor
SSH chairman Marko Jazbec at a news conference at the completion of the privatisation of NKBM.
Photo: Gregor Mlakar/STA

Maribor
Representatives of NKBM's new owners - Gernot Lohr of US fund Apollo and Jolanta Gabriel of the EBRD - at a news conference at the completion of the bank's privatisation.
Photo: Gregor Mlakar/STA

Ljubljana
A NKBM bank branch in the centre of the capital Ljubljana.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 3.457 characters (without spaces) or 669 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

ep/gz/zm
© STA, 2016