SloveniaThe final day has arrived for shareholders of the Austrian bank Addiko to reconsider their decision regarding the takeover bid. Those who initially accepted the lower offer from Raiffeisen Bank International (RBI) now have the opportunity to switch to a significantly higher offer from NLB. According to Austrian takeover regulations, shareholders can change their decision up to four trading days before the expiration of the bid. The NLB offer stands at €37 per share, requiring a majority of 50% of voting rights to succeed. In contrast, RBI offers €26.50 per share, potentially with additional compensation after the sale of Addiko’s banking network in Serbia, Bosnia and Herzegovina, and Montenegro to the Serbian holding company Alta. The success threshold for RBI is 55% ownership. NLB reports that over 30% of shareholders have already committed to their offer.
Bias read (Center): The article presents factual information about the competing bids for the bank Addiko without overtly favoring either NLB or RBI. It provides details on both offers, including their financial terms and conditions for success, without using biased language or emphasizing one side over the other. The
