Brief: Atlantic Bidco Exceeds Minimum Acceptance Threshold Of 60% Of Aareal Bank Shares

Aareal Bank AG

25/05/2022 06:41

May 25 (Reuters) - ATLANTIC BIDCO GMBH:
    * HAS EXCEEDED MINIMUM ACCEPTANCE THRESHOLD OF 60% OF AAREAL
BANK
SHARES 
    * TRANSACTION IS EXPECTED TO CLOSE, SUBJECT TO REGULATORY
PROCESSES, IN Q4 OF 2022 OR Q1 OF 2023
    * RESULT OF OFFER AT END OF ACCEPTANCE PERIOD IS EXPECTED TO
BE
ANNOUNCED ON 30 MAY 2022
    * ADDITIONAL ACCEPTANCE PERIOD IS EXPECTED TO COMMENCE ON 31
MAY
2022 AND END AT MIDNIGHT (CET) ON 13 JUNE 2022
    * IN ITS VOLUNTARY PUBLIC TAKEOVER OFFER TO SHAREHOLDERS OF
AAREAL
BANK, ATLANTIC BIDCO, CPP INVESTMENT BOARD AS WELL AS FURTHER
MINORITY SHAREHOLDERS, HAS EXCEEDED MINIMUM ACCEPTANCE THRESHOLD
OF 60% OF AAREAL BANK SHARES

Further company coverage:  ARLG.DE 

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