CPI Property Group raises bid for Immofinanz to 22.70 eur

Cpi Property SA

26/01/2022 19:07

FRANKFURT, Jan 26 (Reuters) - CPI Property Group  O5G.DE  on
Wednesday said it would raise its standing takeover bid for
Austria's Immofinanz  IMFI.VI  to 22.70 euros ($25.61) per share
from 21.20 euros previously to reflect a share purchase
agreement with Petrus Advisers.
    CPI said it now holds a stake of 35.49% in Immofinanz after
buying Petrus Advisers entire stake at 22.70 euros apiece.
($1 = 0.8862 euros)

 (Reporting by Christoph Steitz)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))