AIK Banka a.d. published a takeover attempt for Gorenjska banka, d.d. (LJSE:GBKR) on January 26, 2018. AIK Banka now has the green light to increase its stake in Gorenjska Banka from all relevant regulators: the Slovenian and Serbian central banks, as well as competition watchdogs in both countries. AIK Banka, controlled by Miodrag Kostic, has already worked out a deal to acquire 37.6% of Gorenjska Banka stock owned by the Sava, druzba za upravljanje in financiranje, d.d. (LJSE:SAVR).

The €43 million, which amounts to €298 per share, was deposited into a fiduciary account in June 2018. Under Slovenian law, AIK Banka now has to issue a takeover bid within a month.