June 23 (SeeNews) - Hungary's MKB Bank has launched a due diligence process at Croatia's Slatinska Banka [ZSE:SNBA] with the aim of entering its shareholding structure, the Croatian lender said on Tuesday.
Slatinska Banka revealed no further details about the intended transaction in a brief filing to the Zagreb Stock Exchange (ZSE).
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According to ZSE data, the largest single shareholder in Slatinska is Zagreb-based law firm Zupic & Partneri, with a 9.22% stake. The remainder is held by a number of minority shareholders, including the government's Centre for Enterprise Restructuring and Privatisation, CERP, with 5.23%.
Slatinska was 18th largest bank by assets among 21 banks in Croatia at the end of 2018, according to the latest available data published by the country's central bank.
Slatinska's shares last traded on the ZSE on June 16, closing flat at 50 kuna ($7.5/6.6 euro).
(1 euro = 7.57566 kuna)