trending Market Intelligence /marketintelligence/en/news-insights/trending/QMtPTDiTQutgN0-0UhD86Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: 7 investors submit offers for Slovenia's Abanka

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Report: 7 investors submit offers for Slovenia's Abanka

Seven investors filed nonbinding bids to acquire Slovenian state-owned lender Abanka dd, local daily Delo reported.

The list of bidders includes OTP Bank Nyrt. and Apollo Global Management LLC, which also filed binding offers for Abanka, the news report noted. Reuters reported recently that OTP Bank offered to pay €300 million for the lender.

Other investors eyeing Abanka include Serbia-based AIK Banka a.d. Beograd, Erste Group Bank AG and Blackstone Group LP, Delo said in its March 20 report. Slovenia sought expressions of interest for Abanka in October 2018, as it aims to sell the bank by mid-2019 to meet the conditions of the EU approval for the state aid provided in 2013.

Delo also noted that Kylin Prime Group, backed by Chinese capital, still has not received approval from the Slovenian central bank for its 2018 request regarding the acquisition of a majority holding in local savings bank Hranilnica LON d.d. Kranj.

In November, however, Kylin and a group of local businessmen acquired an over 50% stake in Hranilnica LON. The holding of each of the buyers did not exceed 10%, so the transaction did not require the central bank's approval, the newspaper noted.