Alstria seen down after denying M&A talks
22/07/2021 07:38
** Shares in Alstria Office AOXG.DE are seen down 2.3% in
Lang & Schwarz premarket trade after the German real estate
company denied talks with Canadian investment firm Brookfield
BAMa.TO about a potential takeover offer
** Bloomberg News had reported on Wednesday that Brookfield
was working with advisers to evaluate a potential bid, sending
Alstria's shares 9% higher urn:newsml:reuters.com:*:nL4N2OX35S
** Alstria said, however, that it was aware that Brookfield
might be exploring a potential takeover offer
** Brookfield, which has an 8.35% stake in Alstria according
to Refinitiv data, declined to comment
** The stock is seen at the bottom of German midcap index
.MDAXI
(Reporting by Linda Pasquini)
((Linda.pasquini@thomsonreuters.com))