NLB raises takeover bid for Addiko by 10% to EUR 22 per share

Ljubljana, 15 July - NLB, Slovenia's leading bank, has raised its voluntary takeover bid for the Austrian Addiko Bank from EUR 20 to EUR 22 per share, reduced by the amount of any dividend between the announcement of the bid and settlement. This values the bank at EUR 429 million.

Ljubljana Logo of NLB group. Photo: Bor Slana/STA File photo

Ljubljana
Logo of NLB group.
Photo: Bor Slana/STA
File photo

The rest of this news item is available to subscribers.
The news item consists of 1.769 characters (without spaces) or 358 words words.

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

zm/aaz
© STA, 2024