Bidding

ADECCO GROUP Launches mandatory takeover OFFER for AKKA Technologies

Retrieved on: 
Wednesday, March 16, 2022

ZURICH, March 16, 2022 /PRNewswire/ -- The Adecco Group, via its wholly owned subsidiary Modis International AG ("Modis" or the "Bidder"), announces today that on 15 March 2022, the FSMA approved the prospectus (the "Prospectus") and the response memorandum in connection with the previously announced mandatory takeover offer for all shares and convertible bonds issued by AKKA Technologies SE ("AKKA" or the "Target") not yet held by the Bidder or by its affiliated persons (the "Bid").

Key Points: 
  • AD HOC ANNOUNCEMENTpursuant to Art.
  • 53 Listing Rules of SIX Swiss Exchange
    ZURICH, March 16, 2022 /PRNewswire/ -- The Adecco Group, via its wholly owned subsidiary Modis International AG ("Modis" or the "Bidder"), announces today that on 15 March 2022, the FSMA approved the prospectus (the "Prospectus") and the response memorandum in connection with the previously announced mandatory takeover offer for all shares and convertible bonds issued by AKKA Technologies SE ("AKKA" or the "Target") not yet held by the Bidder or by its affiliated persons (the "Bid").
  • The initial acceptance period of the Bid commences on 17 March 2022 and closes on 13 April 2022, subject to extension.
  • The board of directors of AKKA recommends accepting the Bid, as further explained in its response memorandum (which is attached to the Prospectus).

DGAP-News: CPI PROPERTY GROUP - ANTICIPATORY MANDATORY TAKEOVER OFFER

Retrieved on: 
Thursday, February 24, 2022

SHAREHOLDERS OF IMMOFINANZ AG WHOSE SEAT, PLACE OF RESIDENCE OR HABITUAL ABODE IS OUTSIDE THE REPUBLIC OF AUSTRIA SHOULD NOTE THE INFORMATION SET FORTH IN SECTION 7.4 OF THE OFFER DOCUMENT.

Key Points: 
  • SHAREHOLDERS OF IMMOFINANZ AG WHOSE SEAT, PLACE OF RESIDENCE OR HABITUAL ABODE IS OUTSIDE THE REPUBLIC OF AUSTRIA SHOULD NOTE THE INFORMATION SET FORTH IN SECTION 7.4 OF THE OFFER DOCUMENT.
  • of the Austrian Takeover Act (bernahmegesetz)
    by CPI PROPERTY GROUP S.A.
    pursuant to Sections 22 et seqq.
  • Until the end of the Acceptance Period, 7,125,335 IMMOFINANZ Shares have been tendered for sale into the Offer.
  • The Offer will be settled in accordance with section 5. of the offer document.

DGAP-News: Takeover offer by financial investors unsuccessful - Aareal Bank continues to drive its growth strategy forward

Retrieved on: 
Friday, February 4, 2022

Accordingly, the takeover offer will lapse; existing shareholders will retain title to their tendered shares, which will be re-posted to the original class of shares.

Key Points: 
  • Accordingly, the takeover offer will lapse; existing shareholders will retain title to their tendered shares, which will be re-posted to the original class of shares.
  • Jochen Klsges, Chief Executive Officer of Aareal Bank, said: "We supported the offer because from a strategic perspective, it was in the best interests of the Company and its stakeholders.
  • Aareal Bank Group has significant growth potential across all of its segments, which we want to consistently pursue in the years to come.
  • Aareal Bank Group will provide more details of its growth plans in all segments when presenting its results for 2021 on 24 February.

DGAP-News: Atlantic BidCo GmbH: Takeover offer for Aareal Bank - Minimum acceptance threshold not reached

Retrieved on: 
Friday, February 4, 2022

Frankfurt am Main, 4 February 2022 - The voluntary public takeover offer to the shareholders of Aareal Bank AG by Atlantic BidCo GmbH, a non-controlled company indirectly held by funds which are respectively managed and advised by Advent International Corporation and Centerbridge Partners, L.P. as well as further minority shareholders, has not reached the minimum acceptance threshold of 60%.

Key Points: 
  • Frankfurt am Main, 4 February 2022 - The voluntary public takeover offer to the shareholders of Aareal Bank AG by Atlantic BidCo GmbH, a non-controlled company indirectly held by funds which are respectively managed and advised by Advent International Corporation and Centerbridge Partners, L.P. as well as further minority shareholders, has not reached the minimum acceptance threshold of 60%.
  • Therefore, the takeover offer has lapsed and will be unwound in accordance with the offer document.
  • The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology.
  • This publication is for information purposes only and neither constitutes an invitation to sell, nor an offer to purchase, securities of the Company.

DGAP-News: Atlantic BidCo GmbH: Atlantic BidCo increases offer for Aareal Bank to €31 per share and declares it best and final

Retrieved on: 
Thursday, January 27, 2022

Best and final offer price of 31 per share in cash, an increase of 7% - represents 44% premium over 3 month VWAP*

Key Points: 
  • Best and final offer price of 31 per share in cash, an increase of 7% - represents 44% premium over 3 month VWAP*
    Frankfurt, 26 January 2022 - Atlantic BidCo GmbH ("the Bidder") today announces that it has purchased shares of Aareal Bank AG ("Aareal Bank") at a price of 31 per share.
  • Thereby, the consideration offered to all shareholders of Aareal Bank under its voluntary takeover offer is increased by 7%, or 2, to 31 per share in cash.
  • This even more attractive offer price is best and final and no further price increase will be made.
  • The Management Board and Supervisory Board of Aareal Bank unanimously support the public takeover offer, recommend shareholders to accept it and agree that the offer is in the best interest of all Aareal Bank stakeholders.

DGAP-News: Aves One AG: Management Board and Supervisory Board recommend acceptance of the public tender offer in the context of the upcoming delisting

Retrieved on: 
Thursday, January 27, 2022

In this opinion, both boards recommend that all Aves One shareholders accept the offer and tender their Aves One shares.

Key Points: 
  • In this opinion, both boards recommend that all Aves One shareholders accept the offer and tender their Aves One shares.
  • The Management Board and the Supervisory Board welcome the planned delisting of Aves One.
  • Tobias Aulich, Management Board of Aves One AG: "We support the delisting offer as we believe it is in the best interest of our company and its stakeholders.
  • The joint statement of the Management Board and the Supervisory Board of Aves One AG on the public delisting offer (cash offer) is available for download on the company's website at https://www.avesone.com/de/delisting.php.

DGAP-News: Management Board and Supervisory Board issue supplementary reasoned statement on the amended takeover offer by Atlantic BidCo GmbH

Retrieved on: 
Thursday, January 20, 2022

Wiesbaden, 20 January 2022 - Today the Management Board and Supervisory Board of Aareal Bank Group have issued their joint supplementary reasoned statement on the Offer Document amended by the bidding company Atlantic BidCo GmbH (the "Bidder") on 18 January 2022.

Key Points: 
  • Wiesbaden, 20 January 2022 - Today the Management Board and Supervisory Board of Aareal Bank Group have issued their joint supplementary reasoned statement on the Offer Document amended by the bidding company Atlantic BidCo GmbH (the "Bidder") on 18 January 2022.
  • In their supplementary reasoned statement, the Management Board and Supervisory Board continue to recommend that shareholders accept the offer - outlining the reasons for this recommendation by reference to the reasoned statement on the original offer, published on 27 December 2021.
  • Due to this amendment to the terms of the offer, the acceptance period for the offer was extended until 2 February 2022 (24:00 CET).
  • Moreover, Aareal Bank confirms not having received any competing offer since Atlantic BidCo GmbH published its offer.

DGAP-News: Brookfield Announces Fulfilment of all Closing Conditions of the Takeover Offer for alstria office REIT-AG

Retrieved on: 
Thursday, January 20, 2022

All closing conditions of the Offer pursuant to section 12.1 of the offer document have been fulfilled.

Key Points: 
  • All closing conditions of the Offer pursuant to section 12.1 of the offer document have been fulfilled.
  • alstria shareholders, who have not yet tendered their shares, can still accept the Offer and thereby receive the offer price of EUR 19.50.
  • In their reasoned statement pursuant to Section 27 WpG, alstria's management and supervisory board recommended that alstria shareholders accept the Offer.
  • The Offer is made on and subject to the terms and conditions set out in the offer document.

DGAP-News: Atlantic BidCo GmbH: Atlantic BidCo reaffirms attractiveness of offer for Aareal Bank and sets new threshold at 60%

Retrieved on: 
Wednesday, January 19, 2022

Frankfurt, 18 January 2022 - Atlantic BidCo GmbH ("the Bidder") today announced that it has decided to lower the minimum acceptance threshold from 70% to 60% for its voluntary public takeover for Aareal Bank AG ("Aareal Bank").

Key Points: 
  • Frankfurt, 18 January 2022 - Atlantic BidCo GmbH ("the Bidder") today announced that it has decided to lower the minimum acceptance threshold from 70% to 60% for its voluntary public takeover for Aareal Bank AG ("Aareal Bank").
  • As a result of the amended offer, Aareal Bank's shareholders will continue to be able to accept the offer and tender their shares until 2 February 2022 (midnight CET).
  • The offer will continue to be subject to approval from bank regulatory, anti-trust and foreign investment authorities, and other offer conditions.
  • The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology.

DGAP-News: The Management Board and Supervisory Board of Aareal Bank recommend accepting the takeover offer made by Atlantic BidCo GmbH

Retrieved on: 
Monday, December 27, 2021

- The Management Board and Supervisory Board of Aareal Bank deem the offer to be advantageous from a strategic perspective, and the cash consideration of 29 per share to be fair

Key Points: 
  • - The Management Board and Supervisory Board of Aareal Bank deem the offer to be advantageous from a strategic perspective, and the cash consideration of 29 per share to be fair
    Wiesbaden, 27 December 2021 - Today the Management Board and Supervisory Board of Aareal Bank AG have published a joint reasoned statement - as required by applicable law - on the voluntary public takeover offer made by Atlantic BidCo GmbH.
  • The Management Board and Supervisory Board had already signalled their general support when the offer was announced on 23 November 2021, based on an investment agreement concluded with Atlantic BidCo GmbH.
  • Against this background, from a strategic perspective, the Management Board and Supervisory Board deem the offer to be in the best interests of the Company and its stakeholders.
  • When assessing the offer price regarding its financial fairness, the Management Board was advised by Perella Weinberg Partners, and the Supervisory Board by Deutsche Bank.