Vienna/Ljubljana – The Slovenian Nova Ljubljanska banka (NLB) is digging deeper into its pockets in the bidding war for the Austrian Addiko Bank. The institute is increasing its offer from 29.00 to 33.50 euros per Addiko share in cash including dividends, the NLB announced on Monday. This means they value the bank at around 653 million euros. With the increase, the Slovenians are a good quarter above the competing offer from Raiffeisen Bank International (RBI).
