Brief: ADO Properties: 92% Of Adler Shareholders Accept ADO's Takeover Offer

Adler Real Estate AG

30/03/2020 08:20

March 30 (Reuters) - ADO Properties SA  ADJ.DE :
    * DGAP-NEWS: ADO PROPERTIES S.A.: 91.93% OF ADLER
SHAREHOLDERS
ACCEPT TAKEOVER OFFER BY ADO TO CREATE ONE OF THE LARGEST LISTED
RESIDENTIAL REAL ESTATE COMPANIES IN EUROPE
    * ADO PROPERTIES SA - COMBINED GROUP IS PLANNED TO BE NAMED
ADLER
REAL ESTATE GROUP
    * ADO PROPERTIES SA - TRANSFORMATIONAL TRANSACTION BETWEEN
ADO AND
ADLER RESULTING IN A EUR 8.5 BILLION GERMAN RESIDENTIAL
PORTFOLIO
    * ADO PROPERTIES SA - UNDER ADO'S VOLUNTARY PUBLIC TAKEOVER
OFFER,
SHAREHOLDERS OF ADLER TENDERED A TOTAL OF 66,404,915 SHARES,
CORRESPONDING TO APPROXIMATELY 91.93%^1 OF ADLER'S SHARE
CAPITAL.
    * ADO PROPERTIES SA - COMBINED GROUP IS PLANNED TO BE NAMED
ADLER
REAL ESTATE GROUP

Source text for Eikon:  ID:nEQ3MMQna 
Further company coverage:  ADJ.DE 

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