NLB has lifted the offered share price to 22 euro ($23.9) from 20 euro apiece, implying a premium of 34.4% compared to the six-month volume-weighted average share price of 16.37 euro, it said in a bourse filing on Monday.
“NLB’s revised offer price represents a transparent, equally treating, and compelling opportunity for all Addiko shareholders to realise their investment in full, in cash and at a highly attractive premium relative to Addiko’s undisturbed share price. Given the holiday season, we would encourage all Addiko shareholders to accept our offer well ahead of the end of the…