Are you sure?

Group IDs takeover risks for OTP

OTP Bank Rt will have to face a potential takeover by an international heavyweight in the future unless it can foil buyout attempts or significantly speed up its regional expansion, a fresh report by the Capitol Consulting Group said.

According to the market researcher, OTP could keep these hostile bids from Western banks at bay by merging with one of its regional rivals. However, once a takeover occurs, the new owner will be unlikely to offer a premium price to OTP stockholders for their shares. In fact, it may well be the other way around, the researcher concluded.