Brief: BayWa AG BayWa AG Transfers Majority Stake In BayWa R.E. AG To Eip, Adjustment Of Restructuring Concept Requires

Baywa AG

23/02/2025 22:36

Feb 23 (Reuters) - BayWa AG  BYWGnx.DE :
    * EQS-ADHOC: BAYWA AG: BAYWA AG TRANSFERS MAJORITY STAKE IN
BAYWA
R.E. AG TO EIP, ADJUSTMENT OF RESTRUCTURING CONCEPT REQUIRES
    * BAYWA AG - RELINQUISHES EUR 350 MILLION IN SHAREHOLDER
LOANS TO
BAYWA R.E.
    * BAYWA AG - STAKE IN BAYWA R.E. REDUCED FROM 51% TO 35%
    * BAYWA AG - RESTRUCTURING PHASE EXPECTED TO BE EXTENDED
UNTIL END
OF 2028
    * BAYWA AG - CAPITAL INCREASE TO COVER EUR 435 MILLION
REQUIREMENT
UNTIL 2028
    * BAYWA AG - REDUCTION IN CLAIMS RESULTS IN NEGATIVE EQUITY
AT
BAYWA AG

Source text:  ID:nEQ7Zzdska 
Further company coverage:  BYWGnx.DE 

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