Bidders for Aareal Bank short of offer acceptance rate by 30%

Aareal Bank AG

02/02/2022 08:47

BERLIN, Feb 2 (Reuters) - Bidders for Germany's Aareal Bank
 ARLG.DE  said that only 29.5% of the bank's shareholders have
accepted their offer as of Tuesday evening.
    The buyout group which includes U.S.-based Advent
International and Centerbridge Partners is seeking an acceptance
rate of 60% by the end of Wednesday.  urn:newsml:reuters.com:*:nL8N2U60U6

 (Reporting by Alexander Huebner
Writing by Miranda Murray
Editing by Riham Alkouaa)
 ((Miranda.Murray@thomsonreuters.com;))