XXXLUTZ


Associated tags: EUR, LSW, Security (finance), Frankfurt Stock Exchange, Cryptocurrency, Federal Financial Supervisory Authority, Wels

Locations: CROATIA, SWITZERLAND, SLOVENIA, ROMANIA, SWEDEN, CZECH REPUBLIC, BULGARIA, POLAND, AUSTRIA, SLOVAKIA, GERMANY, SERBIA, HUNGARY

EQS-News: Delisting offer successfully settled – Entities connected to XXXLutz Group secure approximately 95.96% of home24 shares

Retrieved on: 
Monday, September 25, 2023

Wels, 21 September 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), have successfully settled the public delisting tender offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") on 20 September.

Key Points: 
  • Wels, 21 September 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), have successfully settled the public delisting tender offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") on 20 September.
  • After the completion of the Offer, entities connected to XXXLutz have secured a stake of approximately 95.96% of the current share capital of home24.
  • The Frankfurt Stock Exchange announced on 11 September 2023 that the delisting application by home24 has been accepted.
  • Since then, home24 shares cannot be traded anymore on the regulated market of the Frankfurt Stock Exchange.

EQS-News: Delisting offer of bidders connected to XXXLutz Group for remaining home24 shares ends in two weeks

Retrieved on: 
Friday, August 25, 2023

Wels, 25 August 2023 – The public delisting offer ("Offer") of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), for all outstanding shares of home24 SE ("home24" or the "Company") ends on 8 September 2023 at 24:00 hrs (local time in Frankfurt am Main, Germany).

Key Points: 
  • Wels, 25 August 2023 – The public delisting offer ("Offer") of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), for all outstanding shares of home24 SE ("home24" or the "Company") ends on 8 September 2023 at 24:00 hrs (local time in Frankfurt am Main, Germany).
  • Until this point in time, the home24 shareholders that have not yet accepted the Offer have the opportunity to tender their shares in the context of the Offer.
  • As of today, XXXLutz together with connected entities holds a total stake of 95.24% of the current share capital of home24.
  • The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.

EQS-News: Bidders connected to XXXLutz Group announce start of acceptance period for public delisting offer for remaining home24 shares

Retrieved on: 
Friday, July 28, 2023

Wels, 28 July 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today published the offer document for the public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.

Key Points: 
  • Wels, 28 July 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today published the offer document for the public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
  • Together with connected entities, XXXLutz has already secured a total stake of approximately 94.96% of the current share capital of home24.
  • As of today, home24 shareholders can accept the delisting offer by tendering their home24 shares at an offer price of EUR 7.50 in cash for each target company share.
  • The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.

EQS-News: Bidders connected to XXXLutz Group announce voluntary public delisting offer for remaining home24 shares

Retrieved on: 
Wednesday, June 28, 2023

Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.

Key Points: 
  • Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
  • Together with connected entities, XXXLutz has secured a stake of approximately 94.65% of the current share capital of home24.
  • XXXLutz will offer the remaining home24 shareholders a cash consideration of EUR 7.50 per home24 share.
  • The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.

EQS-News: Bidders connected to XXXLutz Group successfully settle takeover of home24

Retrieved on: 
Wednesday, April 26, 2023

Wels, 26 April 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have successfully settled the acquisition of home24 SE ("home24").

Key Points: 
  • Wels, 26 April 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have successfully settled the acquisition of home24 SE ("home24").
  • XXXLutz had already received antitrust approval for the acquisition of home24 in mid-April.
  • In a next step, XXXLutz intends to delist the home24 shares.
  • XXXLutz is looking forward to seize future growth opportunities together with home24 and to serve as a strong partner, giving the company stability and impetus to pursue its future path.

EQS-News: Bidders connected to XXXLutz Group receive antitrust approval for takeover of home24 – settlement to ensue shortly

Retrieved on: 
Monday, April 17, 2023

Wels, 17 April 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have received the antitrust approval for the acquisition of home24 SE ("home24").

Key Points: 
  • Wels, 17 April 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have received the antitrust approval for the acquisition of home24 SE ("home24").
  • Thereby, the takeover can be settled within the next days.
  • XXXLutz intends to delist the home24 shares after settlement of the offer.
  • XXXLutz is looking forward to seize future growth opportunities together with home24 and to serve as a strong partner, giving the company stability and impetus to pursue its future path.

EQS-News: End of additional acceptance period – Bidders connected to XXXLutz Group secure 92.67% of home24 shares

Retrieved on: 
Sunday, January 22, 2023

Entities connected to XXXLutz Group have secured a stake of approximately 92.67% of the current share capital of home24 – including shares from capital increase, share purchases and other instruments

Key Points: 
  • Entities connected to XXXLutz Group have secured a stake of approximately 92.67% of the current share capital of home24 – including shares from capital increase, share purchases and other instruments
    With the end of the additional acceptance period, the offer has ended
    Wels, 2 January 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today announced the final result of their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24" or the “Company”) following the end of the additional acceptance period.
  • With the end of the additional acceptance period, the offer to the home24 shareholders to tender their shares has expired.
  • The takeover of home24 by the bidders connected to XXXLutz Group will be settled as soon as all antitrust approvals are issued.
  • XXXLutz intends to delist the home24 shares after settlement of the offer.

EQS-News: Bidders connected to XXXLutz Group secure 80.94% of home24 shares

Retrieved on: 
Sunday, December 18, 2022

Entities connected to XXXLutz have already secured a stake of around 80.94% in the current share capital of home24 – including shares from capital increase, share purchases and other instruments

Key Points: 
  • Entities connected to XXXLutz have already secured a stake of around 80.94% in the current share capital of home24 – including shares from capital increase, share purchases and other instruments
    19,315,319 shares tendered within the acceptance period, which ended on 9 December
    Wels, 14 December 2022 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today announced the result of their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24" or the "Company").
  • Together with the shares from the capital increase announced on 5 October 2022, subscribed by entities connected to XXXLutz and already implemented, as well as share purchases and other instruments, XXXLutz has secured a stake of approximately 80.94% in the current share capital of home24.
  • XXXLutz intends to delist the home24 shares after completion of the offer.
  • With an annual turnover of EUR 5.34 billion, XXXLutz Group is one of the three largest furniture retail groups in the world.

EQS-News: Bidders connected to XXXLutz Group publish offer document for takeover of home24 – acceptance period commences

Retrieved on: 
Friday, November 11, 2022

XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24

Key Points: 
  • XXXLutz has already secured a c. 68.7 % stake in the current share capital of home24
    Wels, 11 November 2022 RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have published the offer document for their voluntary public takeover offer (the "Offer") to the shareholders of home24 SE ("home24") today.
  • Consequently, home24 shareholders can tender their shares starting today for the highly attractive cash offer of EUR7.50 per share.
  • The acceptance period ends on 9 December 2022 at 24:00 hrs (local time in Frankfurt am Main, Germany) or 6pm respectively (local time in New York).
  • In addition, XXXLutz is considering a Delisting of the home24 shares from the stock exchange following completion of the Offer.

EQS-News: XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24

Retrieved on: 
Wednesday, October 5, 2022

XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24

Key Points: 
  • XXXLutz Group announces voluntary public takeover offer with support of c. 50 % of shareholders for home24
    The issuer is solely responsible for the content of this announcement.
  • XXXLutz will offer the home24 shareholders a cash consideration of EUR7.50per share.
  • In the Business Combination Agreement signed today, XXXLutz and home24 have agreed on the core points for the future cooperation of both companies.
  • home24 will maintain its online pure-play focus as an independent company and benefit from the strength of the XXXLutz Group.