Picture of Aareal Bank AG logo

ARLN Aareal Bank AG News Story

0.000.00%
de flag iconLast trade - 00:00
FinancialsSpeculativeMid Cap

Bidders for Germany's Aareal bank increase offer to $2.1 billion

BERLIN, Jan 26 (Reuters) - Bidders for Germany's Aareal Bank
 ARLG.DE  on Wednesday increased their offer to 31 euros per
share from 29 euros, valuing the lender at 1.86 billion euros
($2.10 billion) and saying that was a final offer.  
    Last week, the buyout group, which includes United
States-based Advent International and Centerbridge Partners,
lowered the threshold for acceptance of their offer and extended
its deadline.  urn:newsml:reuters.com:*:nL8N2TY4KM

($1 = 0.8847 euros)

 (Reporting by Kirsti Knolle
Editing by Riham Alkousaa)
 ((kirsti.knolle@thomsonreuters.com;))

Recent news on Aareal Bank AG

See all news