Aareal Bank

DGAP-News: Aareal Bank concludes Investment Agreement with bidder company led by Advent International and Centerbridge Partners

Retrieved on: 
Tuesday, April 12, 2022
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Wiesbaden, 6 April 2022 - Aareal Bank AG and Atlantic BidCo GmbH (the "Bidder") have today entered into an Investment Agreement with regard to the planned new takeover offer to Aareal Bank's shareholders.

Key Points: 
  • Wiesbaden, 6 April 2022 - Aareal Bank AG and Atlantic BidCo GmbH (the "Bidder") have today entered into an Investment Agreement with regard to the planned new takeover offer to Aareal Bank's shareholders.
  • Atlantic BidCo GmbH is a bidder company comprising funds managed and advised by Advent International Corporation ("Advent") and Centerbridge Partners ("Centerbridge") as well as further entities, indirectly holding non-controlling stakes.
  • On the basis of the signed Investment Agreement, Aareal Bank Group will remain a reliable partner to its clients in all three segments.
  • The Bidder not only supports the Company's strategy, but also the existing management team and has undertaken in the Investment Agreement not to cause Aareal Bank to conclude a control and/or profit transfer agreement with the Bidder or any affiliated company to the Bidder.

DGAP-News: Atlantic BidCo GmbH: Major shareholders of Aareal Bank support takeover offer by Atlantic BidCo

Retrieved on: 
Tuesday, April 5, 2022
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These main shareholders of Aareal Bank have also committed to partially reinvest into a long-dated, illiquid indirect participation of approximately 20% in the Bidder.

Key Points: 
  • These main shareholders of Aareal Bank have also committed to partially reinvest into a long-dated, illiquid indirect participation of approximately 20% in the Bidder.
  • Subject to the consent of Aareal Bank and the German Federal Financial Supervisory Authority (BaFin), the Bidder intends to submit a voluntary public takeover offer to all Aareal Bank shareholders in due course, at a cash consideration of EUR 33.00 per share for all outstanding shares of Aareal Bank.
  • Advent's Managing Partner Ranjan Sen said: "We are pleased that we have reached an agreement with key shareholders of Aareal Bank who support our increased offer.
  • Atlantic BidCo aims to further develop Aareal Bank Group in line with the strategy adopted by the Management Board."

DGAP-News: Advent International and Centerbridge Partners consider a renewed takeover offer - 37 per cent of voting rights already secured

Retrieved on: 
Tuesday, April 5, 2022
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Wiesbaden, 5 April 2022 - Advent International ("Advent") and Centerbridge Partners ("Centerbridge") informed Aareal Bank AG that the bidder company Atlantic BidCo GmbH has concluded talks with shareholders holding in total approximately 37 per cent of voting rights in the Company, with a view towards making a potential new takeover offer.

Key Points: 
  • Wiesbaden, 5 April 2022 - Advent International ("Advent") and Centerbridge Partners ("Centerbridge") informed Aareal Bank AG that the bidder company Atlantic BidCo GmbH has concluded talks with shareholders holding in total approximately 37 per cent of voting rights in the Company, with a view towards making a potential new takeover offer.
  • These have committed to accept the offer for their shares or, respectively, to sell them to the bidder company separately from the offer.
  • Furthermore, the financial investors consider a minimum acceptance level of a maximum of 60 per cent for the potential takeover offer.
  • As was the case with the preceding takeover offer, Aareal Bank did not seek this renewed initiative by the possible bidders.

DGAP-News: Aareal Bank acquires payment solutions provider CollectAI from Otto Group

Retrieved on: 
Friday, April 1, 2022
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Aareal Bank Group's business strategy focuses on sustainable business success, with environmental, social and governance aspects as an integral part of this strategy.

Key Points: 
  • Aareal Bank Group's business strategy focuses on sustainable business success, with environmental, social and governance aspects as an integral part of this strategy.
  • Aareal Bank AG, whose shares are included in Deutsche Brse's SDAX index, is the Group's parent entity.
  • The Structured Property Financing segment encompasses all of Aareal Bank Group's property financing and funding activities.
  • CollectAI was founded in 2016, as a subsidiary of Otto Group, a globally active group of retailers and retail-related service providers.

DGAP-News: Aareal Bank refinances Nobu Hotel London Portman Square for London + Regional Hotels

Retrieved on: 
Friday, March 11, 2022
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Wiesbaden, 11 March 2022 - Aareal Bank announces the closing of a financing agreement with London + Regional Hotels (L + R).

Key Points: 
  • Wiesbaden, 11 March 2022 - Aareal Bank announces the closing of a financing agreement with London + Regional Hotels (L + R).
  • The international real estate investor received a senior loan to refinance the rebranding and remodeling of the Nobu Hotel London Portman Square, which opened as a luxury five-star hotel in May 2021.
  • This hotel marks the third collaboration between L + R and Nobu, following existing properties in Ibiza and Monte Carlo.
  • L + R and Aareal Bank's longstanding experience and expertise in hotels continue to enable us to identify opportunities and thrive in the sector."

DGAP-News: Aareal Bank posts marked increase in profits for the financial year 2021, setting itself new growth targets

Retrieved on: 
Thursday, February 24, 2022
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Aareal Bank posts marked increase in profits for the financial year 2021, setting itself new growth targets

Key Points: 
  • Aareal Bank posts marked increase in profits for the financial year 2021, setting itself new growth targets
    The issuer is solely responsible for the content of this announcement.
  • Over the medium term, the continued growth strategy is expected to raise consolidated operating profit above the level of approx.
  • Jochen Klsges, Chief Executive Officer, explained: "Aareal Bank Group holds an excellent position in all its markets.
  • Adjusted EBITDA is also likely to see a further increase to between 73 million and 78 million (2021: 67 million).

DGAP-News: Aareal Bank AG: Statement regarding communications from certain shareholders of our Company

Retrieved on: 
Tuesday, February 15, 2022
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Statement regarding communications from certain shareholders of our Company:

Key Points: 
  • Statement regarding communications from certain shareholders of our Company:
    1.
  • Thus, the protection system for the interests of all stakeholders of the Company went significantly beyond the standard legal statute.
  • Aareal Bank AG, whose shares are included in Deutsche Brse's SDAX index, is the Group's parent entity.
  • The Structured Property Financing segment encompasses all of Aareal Bank Group's property financing and funding activities.

Teleios Capital Partners: Letter to the Supervisory Board of Aareal Bank AG

Retrieved on: 
Thursday, February 10, 2022
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LONDON, Feb. 10, 2022 /PRNewswire/ -- Teleios Capital Partners LLC, which has been a major shareholder in Aareal Bank AG for almost three years, with a disclosed shareholding of 6.3%, has today sent a public letter to the company's Supervisory Board.

Key Points: 

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

Retrieved on: 
Friday, February 4, 2022
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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
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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.