Wolf Theiss represents Addiko Bank AG in connection with the takeover bids by Agri Europe Cyprus Limited and Nova Ljubljanska Banka d.d.

Vienna, 22 May 2024 – Wolf Theiss advises Addiko Bank AG as it navigates the takeover bids submitted by Agri Europe Cyprus Limited and Nova Ljubljanska Banka d.d.

Following the announcement on 25 March 2024 of Agri Europe Cyprus Limited’s intention to launch a voluntary partial takeover offer to the shareholders of Addiko Bank AG (“Addiko”), on 16 May 2024 Nova Ljubljanska banka d.d. announced its intention to launch a voluntary offer aimed at control addressed to all shareholders of Addiko.

Addiko Group is a specialised banking group for consumer and small and medium-sized enterprises (SME) with a focus on providing consumer and SME lending and payment services. The Group consists of Addiko Bank AG, the Austrian parent bank based in Vienna (Austria), which is listed on the Vienna Stock Exchange and supervised by the Austrian Financial Market Authority and the European Central Bank as a licensed credit institution, and six subsidiary banks registered, licensed and operating in five CSEE countries: Croatia, Slovenia, Bosnia & Herzegovina (where Addiko Group operates two banks), Serbia and Montenegro.

Wolf Theiss represents Addiko comprehensively as legal counsel in connection with these takeover offers, including on all banking regulatory, merger and investment control and takeover law issues. The team is led by Partners Claus Schneider (Banking Law) and Florian Kusznier (Corporate/M&A, Takeover Law) and includes Kurt Retter (Investment Control/FDI, Public Law and Regulation) and Stefan Wartinger (Merger Control), as well as Christopher Juenger (Counsel, Corporate/M&A), Christine Siegl (Counsel, Regulatory Law) and Klemens Kendler (Associate, Corporate/M&A).