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New Major Acquisition in the Region: Austrian Sparkasse Takes over Bank Worth 69 Million Euros
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Austria's Steiermärkische Sparkasse is embarking on a major takeover in North Macedonia, where it plans to acquire control of UNI Banka from Skopje and then merge it with its existing Sparkasse Banka. The Graz-based bank has signed an agreement under which it intends to acquire at least 72.9 percent of UNI Banka's shares. However, the Austrians do not intend to stop at a controlling stake. The planned bid for [...]
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