EBRD buys 5% of AikGroup for €64M

What's the deal? The European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom → has acquired a 5% stake in AikGroupDealroom has a profile for this one. Try Dealroom → through a purchase of newly issued shares worth up to €64 million, the banking group said.

What's the endgame? By buying newly issued shares rather than existing ones, the European Bank for Reconstruction and Development injects fresh capital directly into AikGroup. That gives the banking group added funding to support its operations.

The signal: The deal marks another instance of the European Bank for Reconstruction and Development taking minority positions in regional financial institutions, reinforcing its role as a development-focused investor in emerging European markets.

Read more: hina.hr

Image credit: Jim Linwood