Brandes Investment Partners Supports NLB's Offer for Addiko Shares
Brandes Investment Partners announced its intention to tender shares of Addiko Bank AG managed on behalf of clients in support of a €37.00 per share offer from NLB Group, which it deems more attractive than Raiffeisen Bank International’s (RBI) €26.50 per share proposal.
Topics: Addiko Bank NLB Group Raiffeisen Bank International shareholder strategy takeover competition