According to Slovenian newspapers, U.S. private equity fund Apollo placed a rival offer of €200 mln for the acquiring NKBM. The Slovenian government is scheduled to choose a buyer by the end of February.
“We offered €130 mln but we think that the Serbian branches and the leasing unit have a negative value,” an unidentified senior source told Reuters. “We told them that if those are taken out, we’d be willing to raise our offer […] We are actually in talks, even though our offer was clearly lower.”
Nova KBM is Slovenia’s second-largest lender.
OTP Bank has units throughout the CEE region but not in Slovenia.
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