Brief: Starwood Capital Says Controlled Affiliate Posts Final Increase Of Offer Price For Takeover Offer Of CA Immo

CA Immobilien Anlagen AG

02/07/2021 08:47

July 2 (Reuters) - STARWOOD CAPITAL GROUP:
    * SOF-11 KLIMT CAI S.A.R.L. ("BIDCO"), CONTROLLED AFFILIATE
OF
STARWOOD CAPITAL GROUP, ANNOUNCES FINAL INCREASE OF OFFER PRICE
FOR PUBLIC TAKEOVER OFFER OF CA IMMOBILIEN ANLAGEN AG ("CA
IMMO")
    * BIDCO LAUNCHED AN ANTICIPATED MANDATORY TAKEOVER OFFER FOR
CA
IMMO ON 22 FEBRUARY 2021
    * OFFER PRICE FOR EACH CA IMMO SHARE WILL BE INCREASED FROM
EUR 35.00 TO EUR 37.00. OFFER PRICE WILL NOT BE INCREASED
FURTHER
    * OFFER CAN BE ACCEPTED UNTIL 14 JULY 2021
    * BIDCO WILL ALSO INCREASE THE OFFER PRICE FOR CA IMMO
CONVERTIBLE
BONDS IN MANNER PROPORTIONAL TO PRICE INCREASE OFFERED TO CA
IMMO SHAREHOLDERS
    * SHAREHOLDERS AND CONVERTIBLE BONDHOLDERS WHO ALREADY SOLD
THEIR
CA IMMO SHARES AND CONVERTIBLE BONDS TO BIDCO DURING ACCEPTANCE
PERIOD WHICH ENDED ON 9 APRIL 2021 WILL RECEIVE A TOP-UP PAYMENT
 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nPreDyHQqa
    
 
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))