Raiffeisen Bank International (RBI) has successfully concluded its months-long campaign to acquire Addiko Bank, securing the necessary shareholder support to take control of the regional lender.
The Austrian bank announced that it received binding commitments for 56.16% of Addiko’s shares by the Wednesday deadline, surpassing the 50% threshold required to force a mandatory takeover bid.
This development marks a decisive end to the competitive bidding process that saw Slovenian lender NLB Group emerge as a rival suitor.
By crossing the critical ownership line, RBI effectively neutralizes NLB’s position and positions itself to consolidate Addiko’s operations across the Western Balkans.
The move resolves a period of strategic uncertainty for the target bank, which has been caught in the crossfire of two major regional banking groups.
The acquisition strengthens RBI’s footprint in Southeast Europe, a key growth region for the Austrian lender.