Brief: 86% of WCM's shareholders accept TLG Immobilien takeover offer

WCM Beteiligungs und Grundbesitz AG

04/10/2017 15:41

Oct 4 (Reuters) - TLG IMMOBILIEN AG  TLGG.DE : 
    * DGAP-NEWS: 86% OF WCM'S SHAREHOLDERS HAVE ACCEPTED TLG IMMOBILIEN AG'S TAKEOVER OFFER 
    * AS A RESULT OF APPROX. 86% ACCEPTANCE RATE, TLG IMMOBILIEN WILL ISSUE 20,435,708 NEW 
NO-PAR VALUE BEARER SHARES 
    * EXPECTS TO REALIZE COST SYNERGIES OF APPROX. EUR 5 M P.A. ON FULLY PHASED-IN BASIS, 
ASSUMING DOMINATION AGREEMENT IS CONCLUDED BETWEEN TLG AND WCM 
 
Source text for Eikon:  ID:nEQbHDRTda  
Further company coverage:  TLGG.DE  
 
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