Acquiring Company
OTP Bank
Acquired Company
Luminor Holding AS
Hungary
EstoniaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
OTP Bank has agreed to acquire 100% of the shares in Luminor Holding AS. This acquisition is advised by the law firm Bird & Bird and marks the largest in OTP Bank's history. The deal, subject to regulatory approvals, will enhance OTP Bank's presence in the Baltic region. Luminor is known for its comprehensive financial services across Estonia, Latvia, and Lithuania.
M&A Insights
Based on deal dataFrequently asked
Who acquired Luminor Holding AS?
Luminor Holding AS was acquired by OTP Bank, based in Hungary. The deal was reported on July 30, 2026. OTP Bank is the largest commercial bank in Hungary. It provides a wide range of banking and financial services, including retail and corporate banking. OTP Bank is privately held and operates in Financial Services.
When did OTP Bank acquire Luminor Holding AS?
OTP Bank's acquisition of Luminor Holding AS was reported on July 30, 2026. OTP Bank has agreed to acquire 100% of the shares in Luminor Holding AS. This acquisition is advised by the law firm Bird & Bird and marks the largest in OTP Bank's history. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Luminor Holding AS do?
Luminor provides a broad range of financial services to retail and corporate clients. It operates across Estonia, Latvia, and Lithuania. The company is well-regarded in the Baltic financial market. Luminor aims to deliver a high-quality banking experience. It is privately held, operating in Financial Services, and is based in Estonia.