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. | |
---|---|---|
+0.91% | 25.44B | |
-21.13% | 12.51B | |
+9.67% | 11.03B | |
-25.23% | 7.71B | |
-10.07% | 6.65B | |
+2.42% | 6.53B | |
-2.35% | 6.37B | |
+1.44% | 3.82B | |
+42.97% | 3.56B |