PTA-News: CA Immobilien Anlagen AG: Starwood Capital intends to launch an anticipatory mandatory offer

Freitag, 08. Januar 2021 22:51

Business news for the stock market

Vienna (pta025/08.01.2021/22:51) - 8.1.2021. The Management Board of CA Immobilien Anlagen AG (the "Company") has noted today's announcement by SOF-11 Klimt CAI S.à r.l. , Luxembourg ("Bidder"), a controlled affiliate of Starwood Capital Group ("Starwood Capital") with regards to the intention to further in-crease the Bidders existing shareholding of 29.999893% of the total outstanding voting rights in the Company.

Pursuant to this intention the Bidder intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds ("Convertible Bond 2017") that are not held by the Bidder (the "Offer"). The shareholders of the Company are offered a consideration of EUR 34.44 per CA Immo share on a cum dividend basis ("Share Offer Price"). The Bidder will also launch a concurrent offer for the outstanding Convertible Bonds 2017 for bondholders, who will be offered a price that is derived from the Share Offer Price.

The Management Board is evaluating the situation and will be making an announcement with its response and advice to shareholders as soon as appropriate.


emitter: CA Immobilien Anlagen AG
address: Mechelgasse 1, 1030 Wien
country: Austria
contact person: Christoph Thurnberger
phone: +43 (0)1532 5907 504

ISIN(s): AT0000641352 (share), AT0000A1YDF1 (bond)
stock exchanges: official trade in Vienna

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Related Links: CA Immobilien Anlagen AG