September 14 (SeeNews) - Austria's Addiko Bank AG said on Thursday it plans to launch a buyout bid to acquire the remaining shares it does not already own in Addiko Bank Sarajevo, one of its units in Bosnia and Herzegovina.
Addiko Bank AG currently owns 532,492 shares, representing a 99.9985% stake, in its Sarajevo-based unit, the parent company said in a bourse filing.
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Addiko Bank Sarajevo's total share capital is divided into 532,500 shares, each with a par value of 188.55 marka ($103.4/96.4 euro).
Addiko Bank also has a unit in Banja Luka.
(1 euro = 1.95583 marka)