奥地利雷法森国际银行股份公司被迫取消其收购阿迪科银行股份公司计划中的一个关键环节，此前塞尔维亚当局对其在该国的商业伙伴采取了打击行动。
Bank International AG was forced to scrap a key element of its plan to acquire Addiko Bank AG after Serbian authorities cracked down on its business partner in the country.
这家总部位于维也纳的贷款机构表示，在监管机构将塞尔维亚公司的银行业务置于托管状态后，它不再预期将阿迪科在塞尔维亚、波斯尼亚和黑塞哥维那以及黑山的部分单元剥离并移交给Alta Group doo。雷法森在一份声明中表示，如果这笔5.17亿欧元（5.79亿美元）的收购交易完成，它“预期将继续拥有阿迪科的所有子公司”。
The Viennese lender said it no longer expects to carve out some of Addiko’s units in Serbia, Bosnia Herzegovina and Montenegro and hand them over to Alta Group doo after regulators placed the Serbian firm’s banking unit into administration. It “expects to remain owner of all Addiko’s subsidiaries” if the €517 million ($579 million) acquisition gets completed, Raiffeisen said in a statement.
塞尔维亚监管机构在周末吊销了Alta Banka的执照，理由是其财务状况恶化，此前10月25日的选举推翻了长期执政的领导人亚历山大·武契奇。一个即将掌权的学生领导运动敦促银行加强对资金流向的审查。
Serbian regulators revoked Alta Banka’s license over the weekend citing a deterioration of its financial position after the Oct. 25 elections that ousted long-serving leader Aleksandar Vucic. A student-led movement that’s poised to take power urged banks to step up scrutiny of capital flows.
雷法森于4月提出收购阿迪科，此后已改进报价，试图在与斯洛文尼亚的Nova Ljubljanska Banka dd的收购战中获胜。这家奥地利银行在8月获得了包括Alta Group支持在内的逾56%股东的支持，使其接近成功，并促使NLB退出竞购。
Raiffeisen offered to buy Addiko in April and it has since improved its offer in an effort to win a takeover battle against Slovenia’s Nova Ljubljanska Banka dd. The Austrian bank in August secured backing from more than 56% of shareholders including support from Alta Group, taking it close to success and prompting NLB to drop out.
一旦阿迪科的收购完成，雷法森此前曾承诺将欧盟以外的子公司出售给Alta Group。该交易产生的任何超额收入可能会进一步增加雷法森收购案中股东的回报。
Once the takeover of Addiko is completed, Raiffeisen had previously pledged to sell subsidiaries outside the European Union to Alta Group. Any excess revenue from that transaction could further increase shareholder payouts in Raiffeisen’s takeover.
Alta Banka在塞尔维亚的市场份额不到3%，近年来在其母公司扩展至租赁、房地产和酒店业并锁定了利润丰厚的政府合同后迅速增长。
Alta Banka had a market share of less than 3% in Serbia, growing rapidly in recent years after its parent expanded into leasing, real estate and hospitality and locked in lucrative government contracts.
阿迪科在巴尔干半岛经营着一个消费金融单元网络。它是在2009年Hypo Alpe Adria Bank重组中作为所谓的“好银行”成立的，那次重组是奥地利历史上最大的银行破产案，当时耗费了纳税人数十亿欧元。
Addiko operates a network of consumer-finance units across the Balkans. It was formed as the so-called good bank in the 2009 restructuring of Hypo Alpe Adria Bank, Austria’s largest-ever bank bust that cost taxpayers billions of euros at the time.
虽然NLB对Addiko的要约比Raiffeisen高出40%，但这家维也纳银行认为，由于斯洛文尼亚与克罗地亚之间存在长期法律纠纷，其较低的要约更有可能获得监管批准，Addiko在克罗地亚设有分支机构。NLB对这些说法提出异议。
While NLB’s offer for Addiko was 40% higher than Raiffeisen’s, the Viennese bank had argued its lower offer carried more certainty of getting regulatory approval due to long-standing legal disputes between Slovenia and Croatia, where Addiko has a unit. NLB disputed those claims.
根据监管文件，Alta Group直接持有Addiko 9.6%的股份，并通过期权间接持有约10%。欧洲央行于2024年暂时冻结了Alta Group在Addiko的股份，原因是其未披露与另一股东的关系。
Alta Group owned a 9.6% direct stake in Addiko, as well as about 10% held indirectly via options, according to regulatory filings. The European Central Bank temporarily froze Alta Group’s shares in Addiko in 2024 for failing to disclose relations to another shareholder.
未将Addiko股份投入Raiffeisen首次要约的股东，周二前还有额外的接受期。Raiffeisen也计划当天公布季度业绩。
Shareholders who didn’t tender their Addiko shares into Raiffeisen’s initial offer have an additional acceptance period running until Tuesday. Raiffeisen is also set to announce quarterly results that day.