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6 clusters · 23 sources · 43 days · First seen · Last updated

Categories: BUSINESS

Raiffeisen gains control of Addiko Bank

Entities: Davor Macura · Johannes Prohsch · Alta Group · Addiko Bank AG · Raiffeisen Bank International

Overview

In mid‑June 2026 Slovenia’s Nova Ljubljanska banka (NLB) raised its cash offer for Addiko Bank to €37 per share, outbidding Austria’s Raiffeisen Bank International (RBI), which had offered €26.50. Both bidders initially targeted a 75 % acceptance threshold.

In early July RBI, already holding just over 50 % of Addiko, asked Austria’s regulator to lower the mandatory acceptance level to the statutory minimum of 50 %. The Austrian Securities Commission approved a reduction to just over 55 % on 10 July, and RBI publicly aligned its tender conditions with NLB’s move. NLB responded by lowering its own threshold to just over 50 % and extending its offer while retaining the €37 price.

By 13 July RBI had reached 51.28 % of voting shares, narrowly missing the 55 % success level, while NLB kept its lowered threshold and continued to pursue entry into the Croatian market.

On 23 July shareholders representing 55.58 % of Addiko accepted RBI’s bid, surpassing the required threshold and giving RBI effective control of the lender. NLB secured only about 30 % support and could not prevent the takeover.

Following the acceptance, RBI completed its voluntary public offer, with most members of Addiko’s management board selling shares at the €26.50 price. Deputy chairman Johannes Prohsch, however, took the higher €37 offer from NLB. The acquisition now awaits final approval from the Austrian competition authority.

RBI is also reshaping the combined group: it plans to carve out Addiko’s operations in Bosnia and Herzegovina, Serbia and Montenegro, and sell the Bosnian units (Addiko Bank Sarajevo and Addiko Bank Banja Luka) to the Serbian Alta Group owned by businessman Davor Macura. The offer remains open until 29 July.

Timeline

  1. 4 days ago

    [BUSINESS] 9 sources
    Raiffeisen's Addiko Bank Takeover Advances, Bosnia Units Set for Sale to Davor Macura

    RBI’s bid for Addiko Bank moves forward as most managers sell at €26.50 per share; deputy chair accepts €37 from NLB. RBI will spin off Bosnian units, to be bought by Davor Macura’s Alta Group, covering 2.4 bn

  2. 8 days ago

    [BUSINESS] 5 sources
    Raiffeisen Bank International Secures Control of Addiko Bank After Shareholder Acceptance

    Raiffeisen Bank International surpassed the 55% threshold, securing control of Addiko Bank as shareholders accepted its offer, while NLB's higher bid fell short.

  3. 18 days ago

    [BUSINESS] 4 sources
    Raiffeisen Bank International close to acquiring Addiko Bank

    RBI now controls 51.28% of Addiko Bank, exceeding a new 55% threshold, while NLB also lowered its threshold and extended its offer, aiming to complete the takeover by late July.

  4. 21 days ago

    [BUSINESS] 7 sources
    Raiffeisen Bank International cuts acceptance hurdle in Addiko Bank bid

    Raiffeisen Bank International cut its acceptance threshold to 55% for the Addiko Bank takeover; NLB lowered its to over 50%. RBI holds ~51% of shares, NLB offers €37 per share, with July deadlines.

  5. 25 days ago

    [BUSINESS] 2 sources
    Raiffeisen Bank International lowers takeover threshold for Addiko Bank

    Raiffeisen Bank International has asked Austrian regulators to lower the minimum acceptance threshold in its takeover bid for Addiko Bank, aiming to reduce it from 75% to the legal minimum of 50% as it already

  6. about 2 months ago

    [BUSINESS] 3 sources
    Slovenian NLB Raises Offer for Addiko Bank to €37 per Share

    NLB lifts its cash bid for Addiko Bank to €37 per share, outbidding RBI's €26.50 offer as both seek majority control.

Sources

artbike.org · biznis.rs · biznisinfo.ba · boerse-social.com · capital.ba · delo.si · depo.ba · finanzen.at · lider.media · lidermedia.hr · maribor24.si · meinegemeinde.vol.at · nachrichten.at · nedeljnik.rs · novaekonomija.rs · pari.com.mk · poslovni.hr · profitiraj.ba · raiffeisenzeitung.at · sarajevo-x.com · siol.net · times.si · tportal.hr