April 8 (Reuters) - Austria's Raiffeisen Bank
International said on Wednesday it plans to acquire
smaller Vienna-listed lender Addiko for 23.05 euros
($26.88) per share.
* RBI said it would make an offer for all outstanding
shares of Addiko, in a deal valued at 444.6 million euros, based
on Reuters calculations.
* The offer price represents a discount of over 11% to
Addiko's closing price of 26 euros on Wednesday.
* Once submitted, the acceptance period for the offer will
run for 10 weeks, RBI said.
* Following completion, the transaction would have a
negative impact of about 45 basis points on RBI's common equity
tier 1 ratio, excluding Russia.
* RBI has a market capitalisation of $15.3 billion, compared
with Addiko's valuation of $587.8 million.
* The move follows another deal where RBI last month agreed
to buy Istanbul-listed Garanti BBVA's Romanian
business for 591 million euros ($689.40 million).
($1 = 0.8574 euros)