ADLER Group S.A. (XTRA:ADJ) entered into an agreement to acquire an additional 28.9% stake in Consus Real Estate AG (XTRA:CC1) for approximately 340 million on December 12, 2020. The consideration comprises of a share exchange at an exchange ratio of 0.272 new ADLER shares for each Consus share by way of a contribution of approximately 46.78 million Consus shares in exchange for approximately 12.72 million new ADLER shares. After completion of the transaction, ADLER's stake in Consus will increase to approximately 94.0% from approximately 65%.
Consus Real Estate AG
Equities
CC1
DE000A2DA414
Real Estate Development & Operations
1st Jan change | Capi. | |
---|---|---|
-0.04% | 25.28B | |
-18.55% | 13.01B | |
+11.24% | 11.22B | |
-24.39% | 7.81B | |
-7.52% | 6.83B | |
+1.01% | 6.58B | |
+3.53% | 6.62B | |
-2.32% | 3.78B | |
+37.80% | 3.39B |