Jersey Evening Post

EQS-News: Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited

Retrieved on: 
Friday, January 14, 2022
Company, Mergers and acquisitions, Part, Jersey Evening Post, Court, Acquisition, Prejudice, Gazit, Private law, British Virgin Islands company law, Security (finance), Holding company, NewCo, Atrium

Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited

Key Points: 
  • Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited
    The issuer is solely responsible for the content of this announcement.
  • Jersey, 14 January 2022 - On 23 December 2021, the shareholders of Atrium European Real Estate Limited (VSE/Euronext: ATRS), ("Atrium" or the "Company") approved the terms of the proposed merger between Atrium and Gazit Hercules 2020 Limited ("Newco"), which is an indirect wholly-owned subsidiary of Gazit-Globe Ltd ("Gazit") (the "Acquisition").
  • Post-completion of the Merger, Atrium will continue as the surviving entity, wholly-owned by Gazit.
  • Full details of the Merger are contained in the circular published by Atrium on 23 November 2021 (the "Shareholder Circular").