Raiffeisen Bank International Announces Results of Tender Offer for Addiko Bank

Raiffeisen Bank International (RBI) received acceptances for 18,688,243 Addiko Bank shares, equal to 95.74% of Addiko’s current share capital, and expects to hold 18,688,557 shares after settlement. RBI said a planned carve-out of Addiko subsidiaries in Serbia, Bosnia and Herzegovina, and Montenegro now appears unlikely after Serbia’s central bank revoked Alta Banka’s banking license, so it expects to retain all subsidiaries. Settlement is expected within ten trading days after all conditions are met, which must occur by May 14, 2027.