DGAP-News: Aareal Bank issues reasoned statement on renewed takeover offer by Atlantic BidCo GmbH
Wiesbaden, 6 May 2022 Today the Management Board and Supervisory Board of Aareal Bank AG have published their statutory joint reasoned statement on the voluntary public takeover offer made by Atlantic BidCo GmbH.
- Wiesbaden, 6 May 2022 Today the Management Board and Supervisory Board of Aareal Bank AG have published their statutory joint reasoned statement on the voluntary public takeover offer made by Atlantic BidCo GmbH.
- Atlantic BidCo GmbH (the Bidder) is a bidder company comprising funds managed and advised by Advent International Corporation (Advent) and Centerbridge Partners (Centerbridge) as well as further minority shareholders.
- The Bidder published an Offer Document on 26 April 2022, which reflects the Investment Agreement concluded by Aareal bank and Atlantic BidCo on 6 April 2022.
- Both Boards have examined the Offer Document independently of each other, and recommend that shareholders accept the offer.