podravska banka

AIK Group to Acquire Controlling Stake in Podravska banka

AIK Group, led by Serbian businessman Aleksandar Kostić, has signed agreements to acquire a controlling interest in Croatia's Podravska banka, marking a significant move into the European Union banking sector. The transaction involves the purchase of 613,567 shares, which constitutes approximately 91.75% of Podravska banka’s total share capital, thereby granting AIK Group majority control over the Croatian financial institution. The financial terms of the acquisition highlight its significance within the regional banking landscape. The agreed purchase price is approximately €68.79…