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[SITUATION] · [ACTIVE]
2 clusters · 4 sources · 11 days · First seen · Last updated
Categories: BUSINESS
Raiffeisen Bank International Addiko takeover
Entities: Michael Höllerer · BAWAG Group · Permanent TSB Group Holdings · Addiko Bank · Raiffeisen Bank International
Overview
In late July 2026, Raiffeisen Bank International (RBI) announced that shareholders had accepted its offer for 55.5 % of Addiko Bank, just surpassing the threshold needed to secure the bid. The result was provisional, as investors could still withdraw their support before the legal deadline, and RBI faced a competing offer from Nova Ljubljanska banka (NLB) released on 17 July. RBI’s plan involved retaining Addiko’s operations in Croatia and Slovenia while selling the four non‑EU subsidiaries to the Serbian Alta Group, which had pledged backing for the bid.
A week later, RBI reported a 25 % rise in first‑half‑2026 profit, attributing the improvement to its core banking activities after winding down its Russian business. The earnings release highlighted that the Addiko acquisition was now a confirmed element of RBI’s new growth strategy, noting that the bidding war with NLB had concluded. RBI also referenced other pending M&A projects, such as the BBVA Garant deal and Bawag’s purchase of Permanent TSB, underscoring the bank’s broader expansion agenda.
Together, the snapshots trace RBI’s progression from a narrowly secured takeover bid to the integration of the acquisition into a profitable, strategy‑driven outlook.
Timeline
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about 15 hours ago
[BUSINESS] 2 sourcesRaiffeisen Bank International posts 25% profit rise in H1 2026 without RussiaRaiffeisen Bank International reported a 25% rise in H1 2026 profit to €708 million excluding Russia, boosted by higher interest and fee income, a 15.5% core capital ratio, and progress on Addiko and Bawag‑TSB
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12 days ago
[BUSINESS] 2 sourcesRaiffeisen Bank International crosses 55.5% threshold in Addiko takeover bidRaiffeisen Bank International secured 55.5 % of Addiko shares, narrowly clearing the bid threshold; final outcome hinges on shareholder withdrawals before the 23 July deadline, with competition from NLB and a $
Sources
boerse-social.com · delo.si · investitor.me · pantone.com.tr