Effort to buy out Germany's Aareal Bank fails

Aareal Bank AG

04/02/2022 18:17

FRANKFURT, Feb 4 (Reuters) - A buyout group seeking to take
over Germany's Aareal Bank  ARLG.DE  said on Friday that too few
investors took them up on their offer and the bid had failed.
    A sweetened $2.1 billion offer for the German lender had
been meeting resistance from big investors.  urn:newsml:reuters.com:*:nL8N2U60U6

 (Reporting by Tom Sims
Editing by Chris Reese)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))