Brief: Adler Group Says Resolved To Acquire From Its Subsidiary Consus Indirectly Held Shares In Various Property Companies In Relation To Kaiserlei Quartier

Adler SA

25/11/2022 19:34

Nov 25 (Reuters) - Adler Group Sa  ADJ.DE :
    * EQS-RPT: ADLER GROUP S.A.: RELEASE ACCORDING TO ARTICLE
111C OF
THE AKTG [THE GERMAN STOCK CORPORATION ACT] WITH THE OBJECTIVE
OF EUROPE-WIDE DISTRIBUTION
    * ADLER GROUP-HAS RESOLVED TO ACQUIRE FROM ITS SUBSIDIARY
CONSUS
INDIRECTLY HELD SHARES IN VARIOUS PROPERTY COMPANIES IN RELATION
TO KAISERLEI QUARTIER
    * TOTAL CONSIDERATION TO BE PAID TO CONSUS AND ITS
SUBSIDIARIES
WILL BE APPROXIMATELY EUR 122 MILLION

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