(ANSA) - LUBIANA - AIK Bank, one of the largest business
banks in the Balkan region based in Belgrade, and the US Apollo
Investment Fund L.P., private equity firm specializing in
operations with companies and bonds in hardship, have submitted
a binding offer for Gorenjska banka, a bank which is based in
Upper Carniola, Slovenia, but the price offered was considered
to be in line with sellers' expectations.
According to sources cited by the daily newspaper Delo,
Apollo, formerly owner of Nova KBM, Post Bank and Raiffeisen
Slovenia, has submitted an offer, around 230 euros per share,
while Serbia's AIK, which already owns more than 20% of
Gorenjska banka, offered around 280 euros, against a liquidation
value which is 298 per share. Whereas Apollo said to be willing
to relaunch after a further due diligence check, AIK Bank said
to be ready to make a revised offer, provided that the sales
process is carried out transparently. (ANSA).
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