Brief: Atlantic Bidco Acquires Remaining Aareal Shares, Enters Delisting Agreement

Aareal Bank AG

20/09/2023 16:47

Sept 20 (Reuters) - Aareal Bank AG  ARLG.DE :
    * BIDS FOR AAREAL BANK AG
    * TO ACQUIRE ALL NO-PAR VALUE SHARES IN AAREAL BANK NOT
ALREADY
DIRECTLY HELD BY BIDDER, EACH WITH A NOTIONAL INTEREST IN SHARE
CAPITAL OF EUR 3.00
    * FOR EACH AAREAL SHARE TENDERED TO BIDDER, BIDDER WILL,
SUBJECT
TO DETERMINATION OF STATUTORY MINIMUM PRICE AND FINAL
DETERMINATION IN OFFER DOCUMENT, OFFER EUR 33.20 IN CASH AS
CONSIDERATION
    * CURRENTLY HOLDS AAREAL SHARES COMPRISING APPROXIMATELY 90%
OF
TOTAL SHARE CAPITAL OF COMPANY
    * ENTERS DELISTING AGREEMENT WITH AAREAL BANK

Source text for Eikon:  ID:nEQ5bBcn0a 
Further company coverage:  ARLG.DE 

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