Aedifica, Cofinimmo agree to merge, form Europe's largest real estate trust
03/06/2025 07:04
June 3 (Reuters) - Belgian healthcare real estate company Aedifica AOO.BR on Tuesday said it has reached an agreement to merge with real estate investment trust Cofinimmo COFB.BR to create the largest real estate investment trust in Europe. Aedifica has launched an exchange offer at an exchange ratio of 1.185 new Aedifica shares for each Cofinimmo share. The proposed exchange offer is expected to open for acceptance on or about Sept. 1, and the combined group will retain a primary listing on Euronext Brussels and be included in Belgium's blue chip index .BFX. (Reporting by Dimitri Rhodes; Editing by Tom Hogue) ((Dimitri.Rhodes@thomsonreuters.com;))