Brief: Cofinimmo Says No Agreement Reached Up To Now With Aedifica For Potential Combination
13/05/2025 09:25
May 13 (Reuters) - Cofinimmo SA COFB.BR: COFINIMMO AND AEDIFICA HAVE HELD DISCUSSIONS REGARDING A POTENTIAL COMBINATION NO AGREEMENT COULD BE REACHED UP TO NOW ON TERMS CONSIDERS THAT THERE IS A STRONG STRATEGIC RATIONALE IN A COMBINATION WITH AEDIFICA AEDIFICA’S PROPOSED TERMS UNDERVALUES COFINIMMO COFINIMMO FULLY ENDORSES THE STRATEGIC RATIONALE OF A COMBINATION WITH AEDIFICA NEW ECONOMIC ENTITY RESULTING FROM COMBINATION SHOULD BE IN POSITION TO CREATE VALUE AS SOON AS POSSIBLE, UNLOCK HIGH SYNERGIES EXCHANGE RATIO OF 1.21X WOULD HAVE BALANCED IMPACT ON BOTH COMPANIES’ SHAREHOLDERS Source for text: tinyurl.com/32sfdwz9 Further company coverage: COFB.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))