DGAP-News
Bundeskartellamt clears plans of Deutsche Annington to combine with GAGFAH
DGAP-News: Deutsche Annington Immobilien SE / Key word(s): Real
Estate/Offer
Bundeskartellamt clears plans of Deutsche Annington to combine with
GAGFAH
28.01.2015 / 18:41
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Bundeskartellamt clears plans of Deutsche Annington to combine with GAGFAH
Bochum / 28 January 2015 - The German merger control authority
("Bundeskartellamt") has cleared plans of Deutsche Annington Immobilien SE
("Deutsche Annington") to combine with GAGFAH S.A. ("GAGFAH") without
conditions and obligations. The combination of Deutsche Annington and
GAGFAH will create a company with a portfolio comprising around 350,000
residential units. With a total portfolio value of around EUR 21bn, it will
be the second largest listed real estate company in continental Europe.
By receiving the approval of the Bundeskartellamt, Deutsche Annington has
fulfilled another condition for combining with GAGFAH, after the minimum
acceptance level of the voluntary public takeover offer had already been
reached. Deutsche Annington expects the formal closing in the first quarter
of 2015.
Contact:
Klaus Markus Thomas Eisenlohr
Head of Corporate Communications Head of Investor Relations
Phone: +49 234 314-1149 Phone: + 49 234 314-2384
Klaus.markus@deutsche-annington.com Thomas.Eisenlohr@deutsche-annington.com
About Deutsche Annington
Deutsche Annington is Germany's leading private-sector residential real
estate company both in terms of portfolio value and the number of units
owned. As at September 30, 2014, Deutsche Annington owned some 184,000
residential units worth a total of EUR 11.4 billion. The company is present
throughout Germany. Deutsche Annington has its headquarters in Düsseldorf
and employs more than 3,400 people.
Additional information:
Approval: Regulated Market / Prime Standard, Frankfurt Stock Exchange
ISIN: DE000A1ML7J1
WKN: A1ML7J
Common code 094567408
Registered office of Deutsche Annington: Münsterstrasse 248, 40470
Düsseldorf, Germany
Business address of Deutsche Annington: Philippstrasse 3, 44803 Bochum,
Germany
Important information:
This press release is neither an offer to exchange nor a solicitation of an
offer to exchange shares in GAGFAH. Moreover, this press release is neither
an offer to purchase nor a solicitation to purchase shares in Deutsche
Annington. The final terms and further provisions have been disclosed in
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Bundeskartellamt clears plans of Deutsche Annington to combine with GAGFAH
Bochum / 28 January 2015 - The German merger control authority
("Bundeskartellamt") has cleared plans of Deutsche Annington Immobilien SE
("Deutsche Annington") to combine with GAGFAH S.A. ("GAGFAH") without
conditions and obligations. The combination of Deutsche Annington and
GAGFAH will create a company with a portfolio comprising around 350,000
residential units. With a total portfolio value of around EUR 21bn, it will
be the second largest listed real estate company in continental Europe.
By receiving the approval of the Bundeskartellamt, Deutsche Annington has
fulfilled another condition for combining with GAGFAH, after the minimum
acceptance level of the voluntary public takeover offer had already been
reached. Deutsche Annington expects the formal closing in the first quarter
of 2015.
Contact:
Klaus Markus Thomas Eisenlohr
Head of Corporate Communications Head of Investor Relations
Phone: +49 234 314-1149 Phone: + 49 234 314-2384
Klaus.markus@deutsche-annington.com Thomas.Eisenlohr@deutsche-annington.com
About Deutsche Annington
Deutsche Annington is Germany's leading private-sector residential real
estate company both in terms of portfolio value and the number of units
owned. As at September 30, 2014, Deutsche Annington owned some 184,000
residential units worth a total of EUR 11.4 billion. The company is present
throughout Germany. Deutsche Annington has its headquarters in Düsseldorf
and employs more than 3,400 people.
Additional information:
Approval: Regulated Market / Prime Standard, Frankfurt Stock Exchange
ISIN: DE000A1ML7J1
WKN: A1ML7J
Common code 094567408
Registered office of Deutsche Annington: Münsterstrasse 248, 40470
Düsseldorf, Germany
Business address of Deutsche Annington: Philippstrasse 3, 44803 Bochum,
Germany
Important information:
This press release is neither an offer to exchange nor a solicitation of an
offer to exchange shares in GAGFAH. Moreover, this press release is neither
an offer to purchase nor a solicitation to purchase shares in Deutsche
Annington. The final terms and further provisions have been disclosed in
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