Slovenia’s NLB Group signed a share purchase agreement to acquire a 25.66% stake in Dezelna Banka Slovenije (DBS). The group is purchasing the interest from financial holding company Skupina PRVA and its related parties.

The transaction is expected to close in the second half of next year. Completion remains subject to regulatory approvals, which NLB Group expects to receive without obstacles.

NLB Group is also exploring the possibility of acquiring additional shares in DBS. The parties did not disclose the financial details of the agreement.