Raiffeisen Wins Control of Addiko as Tender Clears 56.2%
Raiffeisen Bank International is on track to gain control of Addiko Bank after its tender cleared with 56.2% support. Addiko shares were at €26.60, while Raiffeisen was up 1.94% at €60.55. The deal values Addiko at €517 million and remains subject to regulatory approval, with tenders open until Nov. 3.