.
MergerLinks Header Logo

New Deal


Announced

Apollo Global-backed Nova KBM to acquire Abanka.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Acquisition

Slovenia

banking products

Merger

Pending

Banks

Private Equity

Private

Synopsis

Edit

Apollo Global-backed Nova KBM, Slovenia's second biggest bank, offered to acquire Abanka, a Slovenian bank. Hungarian bank OTP was the other bidder for Abanka. Financial terms were not disclosed. Slovenia promised to sell Abanka, which is 100% state owned, in exchange for the European Commission’s approval of state aid to the bank in 2013.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US