Nova Ljubljanska Banka (GB:NLB) has released an update.
Nova Ljubljanska Banka (NLB) is set to make a significant stride in the banking sector with a voluntary public takeover offer for Addiko Bank AG, proposing an all-cash deal at EUR 20.00 per share—a premium of over 22% above the six-month average. This acquisition aligns with NLB’s Strategy 2030, enhancing its digital banking reach and expanding its market presence, including the entry into the Croatian market. The offer promises an attractive liquidity event for Addiko shareholders, leveraging NLB’s strong acquisition track record and its comprehensive integration of previous banking acquisitions.
For further insights into GB:NLB stock, check out TipRanks’ Stock Analysis page.
