Brief: TLG Immobilien launches public takeover offer for all WCM shares

WCM Beteiligungs und Grundbesitz AG

27/06/2017 06:31

June 27 (Reuters) - TLG IMMOBILIEN AG  TLGG.DE : 
    * LAUNCHES PUBLIC TAKEOVER OFFER FOR ALL WCM SHARES 
    * TLG IMMOBILIEN COMMITS TO ACQUIRE ALL WCM SHARES BY 
EXCHANGING 1 NEW TLG IMMOBILIEN SHARE FOR EVERY 5.75 WCM SHARES 
(4:23) 
    * STARTING TODAY, WCM SHAREHOLDERS CAN TENDER THEIR SHARES 
DURING ACCEPTANCE PERIOD UNTIL 5 SEPTEMBER 2017 
    * NEW TLG IMMOBILIEN SHARES TO FINANCE TRANSACTION TO COME 
FROM EXISTING AUTHORIZED CAPITAL 
 
Source text for Eikon:  ID:nEQ98sjp4a  
Further company coverage:  TLGG.DE  
 
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