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OTP Bank Plc.

2026

OTP Bank Plc. signed an agreement with a consortium of private equity funds managed by Blackstone and DNB Bank regarding the acquisition of a 100% stake in Luminor Holding. Luminor is one of the leading banking groups in the Baltic region, providing financial services across Estonia, Latvia and Lithuania. The transaction represents the largest acquisition in the history of OTP Group and expands the Group's geographic presence to 14 countries. Completion of the transaction remains subject to obtaining the required regulatory approvals.

Deloitte supported OTP Bank throughout the transaction by providing financial, tax and IT due diligence services.

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