Raiffeisen Bank International has collected 55.58% of Addiko Bank shares, thereby meeting the minimum condition for the success of the public offer. Final results are expected after July 29.
Raiffeisen Bank International AG (RBI) has achieved the minimum success threshold for its public takeover offer for Addiko Bank, having collected shareholder acceptances representing 55.58% of the shares relevant for calculating that threshold, Poslovni dnevnik reports. In absolute terms, this amounts to a total of 10,720,331 Addiko Bank shares, of which 1,878,167 shares are accounted for by ALTA Grupa as one of the shareholders who accepted the offer.
The key date for confirming the threshold was July 23, 2026 at 5:00 PM, when the legal deadline for withdrawing previously deposited shares expired. RBI confirmed that no withdrawal requests were received by that time, meaning that the minimum condition of 55% set by the bank itself as a condition for the offer's success has been formally met. This detail is important because withdrawal of acceptances before that deadline could have dropped the offer below the set threshold.
The acceptance period for the offer is still ongoing and ends on July 29, 2026 at 5:00 PM. After that date, the final results of the public offer are expected, which could show an even higher final stake than the current 55.58% if additional shareholders join in the remaining days. The current results mean that RBI has crossed the critical threshold, but the final picture will only become clear at the beginning of the following week.
For RBI, the takeover of Addiko Bank represents a strategic opportunity to return to the Slovenian market, from which it withdrew its operations after closing its headquarters in Maribor. Addiko Bank, which operates in several countries in the region, would be a way to re-establish a presence in Slovenia. On the other hand, NLB, a Slovenian-regional bank, is competing for the same acquisition with its own strategic goals, and Addiko would allow it to enter the Croatian banking market, the only market in the region where NLB currently has no branches.
According to unofficial information from the Maribor-based media outlet Večer, as reported by Poslovni dnevnik, NLB has over the past five years informally attempted to obtain a banking license directly from the Croatian National Bank (HNB), the regulator that issues such licenses in Croatia. However, these efforts allegedly did not receive support from the Croatian government led by the HDZ party and Prime Minister Andrej Plenković. It is precisely because of this blocked path that the acquisition of Addiko Bank becomes NLB's only realistic option for entering the Croatian market, which explains the intensity of the competition between the two banks. It is important to note that this information is unofficial and comes from a single media source.
For the remaining shareholders of Addiko Bank who have not yet accepted the offer, the deadline for decision is July 29. After the announcement of final results, it will be clear how large a stake RBI is acquiring and whether the transaction is large enough for RBI to gain control of the bank. If RBI successfully concludes the takeover, Addiko would change its ownership structure, and the outcome of the battle for the Slovenian and regional banking market would be decided in favor of the Austrian bank. Both regulators and investors across the region are closely monitoring the development, given the strategic significance of the transaction for banking consolidation in Southeast Europe.
