Corporate actions
07 Feb 2022

Aareal Bank AG: Takeover

Update 07 February 2022

In a media release dated 04 February 2022, the company Aareal Bank AG announced that the Takeover Offer of Atlantic BidCo GmbH would not be consummated. The conditions for the settlement at fair value of the futures and options contracts related to Aareal Bank AG pursuant to the Eurex contract specifications are therefore not fulfilled. Trading in the affected contracts will continue without any adjustments. New maturities and strike prices will be introduced with effect as of 08 February 2022.

More information about this transaction is available on the company`s website via http://www.aareal-bank.com or via https://atlantic-offer.com/


On 7 October 2021, Aareal Bank AG confirmed via Ad hoc Release that its Management Board has entered into talks whose outcome is open regarding a potential acquisition of a majority interest in Aareal Bank by a group of financial investors.

In this context, these investors have raised the possibility of submitting a public offer for an indicative price of EUR 29.00 per share. On 26 January 2022 the Bidder, Atlantic Holdco, has increased the Offer price from EUR 29.00 to EUR 31.00 per share. The Acceptance offer period will end on 02 February 2022. More information about this transaction is available on the Bidder`s website www.atlantic-offer.com.

This information describes the potential effects this transaction will have on the above-mentioned contracts.



 

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