Brief: Aareal Bank Recommends Shareholders To Accept Takeover Bid By Atlantic Bidco

Aareal Bank AG

06/05/2022 06:40

May 6 (Reuters) - AAREAL BANK AG  ARLG.DE :
    * AAREAL BANK ISSUES REASONED STATEMENT ON RENEWED TAKEOVER
OFFER
BY ATLANTIC BIDCO GMBH
    * MANAGEMENT BOARD AND SUPERVISORY BOARD OF AAREAL BANK AG
HAVE
PUBLISHED THEIR STATUTORY JOINT REASONED STATEMENT ON VOLUNTARY
PUBLIC TAKEOVER OFFER MADE BY ATLANTIC BIDCO GMBH
    * MANAGEMENT BOARD AND SUPERVISORY BOARD ALSO DEEM CASH
CONSIDERATION OF EUR 33.00 PER AAREAL BANK SHARE TO BE FAIR AND
ADEQUATE
    * ACCEPTANCE PERIOD FOR OFFER HAS COMMENCED WITH PUBLICATION
OF
OFFER DOCUMENT ON 26 APRIL 2022, AND IS EXPECTED TO EXPIRE ON 24
MAY 2022, 24:00 HOURS CET
    * BOTH BOARDS HAVE EXAMINED OFFER DOCUMENT INDEPENDENTLY OF
EACH
OTHER, AND RECOMMEND THAT SHAREHOLDERS ACCEPT OFFER

Source text for Eikon:  ID:nEQ55rR6Ya 
Further company coverage:  ARLG.DE 

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