Addiko Bank AG ADKO
VIE · Austria · Finance
€25.000.00 (0.00%)
Market closed· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · EUR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Adjusted profit of EUR19.1 million underscores underlying strength despite regulatory headwinds and takeover-related costs.
Shareholders who have not yet accepted can still tender their shares into RBI’s €26.50-a-share offer until 3 November.
Brandes Investment Partners announced today that, under current circumstances, it intends to tender Addiko Bank AG shares managed on behalf of its clients to NLB Group.
Despite a 16% increase in net profit from the previous quarter, Addiko Bank AG (ADBKF) faces operational hurdles and competitive pressures in key markets.
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