Brief: Aareal Bank Says Atlantic BidCo To Be New Majority Owner Of Aareal Bank
25/05/2022 07:41
May 25 (Reuters) - AAREAL BANK AG ARLG.DE :
* SUCCESSFUL VOLUNTARY PUBLIC TAKEOVER OFFER BY ATLANTIC
BIDCO –
60 PER CENT MINIMUM ACCEPTANCE LEVEL EXCEEDED
* ATLANTIC BIDCO WILL BE NEW MAJORITY OWNER OF AAREAL BANK
AG,
SUBJECT TO REGULATORY APPROVALS
* STATUTORY ADDITIONAL ACCEPTANCE PERIOD IS EXPECTED TO
START ON
31 MAY 2022 AND END ON 13 JUNE 2022
* ACCORDING TO BIDDER, RESULT OF OFFER IS EXPECTED TO BE
ANNOUNCED
ON 30 MAY 2022
Source text for Eikon: ID:nEQxsJfla
Further company coverage: ARLG.DE
(Gdansk Newsroom)
((Gdansk.Newsroom@thomsonreuters.com;))
Recent news on Aareal Bank AG
See all newsBrief: Aareal: Shares To Be Delisted From Frankfurt Stock Exchange, Effective End Of Nov 21
Brief: Aareal Q3 Net Interest Income Up 35% At Eur 248 Mln
Brief: Atlantic Bidco Launches Public Tender Offer To Initiate Delisting Of Aareal Bank
Brief: Atlantic Bidco Acquires Remaining Aareal Shares, Enters Delisting Agreement
Brief: Aareal Bank Signs EUR 210 Mln Loan Agreement For Landmark Hotel In Paris