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Announced

Completed

AIK Banka completed the acquisition of Eurobank Direktna from Eurobank for €280m.

Financials

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Transaction Value£247m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Banks

banking

Majority

Private

Single Bidder

Serbia

financial institutions

Domestic

Completed

Synopsis

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AIK Banka, a commercial bank, completed the acquisition of Eurobank Direktna, a Serbian bank, from Eurobank, a financial services company, for €280m ($297m). "The transaction is consistent with Eurobank’s strategy to direct capital to opportunities with more compelling RoTBV and to further enhance its presence in its core markets, namely Greece, Bulgaria and Cyprus," Eurobank.

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