Raiffeisen Bank International (RBI) is facing competition in its plan to take over Addiko Bank. The Slovenian Nova Ljubljanska banka (NLB) is also grabbing the bank, provoking a bidding war. NLB announced a voluntary public takeover offer of EUR 29.00 per share in cash. This means that the Slovenians are clearly outperforming the RBI, which had promised 23.05 euros per share. According to its own information, NLB currently does not hold any shares in the financial institution operating in Southeastern Europe, but is aiming for a clear majority. The Addiko share was last listed on the Vienna Stock Exchange at 24.60 euros.
