Brief: BayWa Says In Advanced Talks On Alternative Financing Concept For BayWa R.E. AG

Baywa AG

17/03/2025 11:29

March 17 (Reuters) - BAYWA AG BYWGnx.DE:

IN ADVANCED TALKS ON ALTERNATIVE FINANCING CONCEPT FOR BAYWA R.E. AG

BY IMPLEMENTING ALTERNATIVE FINANCING CONCEPT, BAYWA AG WOULD REMAIN MAJORITY SHAREHOLDER OF BAYWA R.E. AG FOR TIME BEING

IN ADDITION, BAYWA AG'S EQUITY WOULD PROBABLY REMAIN POSITIVE IN 2024 ANNUAL FINANCIAL STATEMENTS

AS A NEXT STEP, TO ACHIEVE OPERATIONAL SEPARATION AND DECONSOLIDATION, IT IS PLANNED TO TRANSFER BAYWA AG'S STAKE IN BAYWA R.E. AG TO AN INVESTMENT MANAGEMENT COMPANY

EXPECTS AGREEMENT ON RESTRUCTURING ADJUSTMENTS SOON

BOARD OF MANAGEMENT OF BAYWA AG ASSUMES THAT AN AGREEMENT ON NECESSARY ADJUSTMENTS TO RESTRUCTURING AGREEMENT WILL BE REACHED IN NEAR FUTURE ON THIS BASIS AND IT WILL MAKE NECESSARY ADJUSTMENTS TO RESTRUCTURING PLAN AS PART OF STARUG PROCEEDINGS

PLANS TO TRANSFER STAKE IN BAYWA R.E. AG TO INVESTMENT MANAGEMENT COMPANY

Source text: ID:nEQ5CWzNza

Further company coverage: [BYWGnx.DE]

 (Gdansk Newsroom)

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