Raiffeisen Bank says Addiko takeover offer acceptance tops 55% threshold

Reuters2026/07/21 06:31

By:Reuters

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Raiffeisen Bank International’s takeover bid for Addiko Bank reached 10,703,509 shares tendered as of July 20.
That equals 55.5% of shares covered by the offer, clearing the minimum acceptance threshold of more than 55%.
Tenders include 1,878,167 shares from Alta Group, representing 9.63% of Addiko’s outstanding shares.
No withdrawals had been received by 9:30 a.m. on July 20, despite a withdrawal window tied to a rival bid improved on July 17.
The acceptance period runs until July 29 at 5:00 p.m. CEST.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raiffeisen Bank International AG published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2368800_de) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Raiffeisen Bank says Addiko takeover offer acceptance tops 55% threshold

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