Brief: Adler Group Says Court Approves Adler Real Estate Squeeze Out

Adler SA

19/10/2023 08:17

Oct 19 (Reuters) - Adler Group SA  ADJ.DE :
    * COMPETENT LOCAL COURT IN BERLIN ENTERED RESOLUTION ON
TRANSFER
OF SHARES OF REMAINING MINORITY SHAREHOLDERS OF ADLER REAL
ESTATE AG TO ADLER GROUP S.A. AS MAJORITY SHAREHOLDER IN
COMMERCIAL REGISTER
    * MINORITY SHAREHOLDERS OF ADLER REAL ESTATE AG TO RECEIVE
EUR
8.76 PER SHARE
    * DELISTING OF ADLER REAL ESTATE AG EXPECTED
    * EXPECTS REVOCATION OF ADMISSION OF SHARES OF ADLER REAL
ESTATE
AG TO TRADING ON REGULATED MARKET OF FRANKFURT STOCK EXCHANGE TO
TAKE PLACE PROMPTLY

Source text for Eikon:  ID:nEQ4W3HrHa 
Further company coverage:  ADJ.DE 

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