Sponsored
Article Tools

Conwert Immobilien Invest SE - voluntary public takeover offer for ECO Business-Immobilien AG

Published: June 15, 2010; 00:00 · (Vindobona)

Conwert Immobilien Invest SE, listed on the Vienna Stock Exchange, announces that it will submit a voluntary public takeover bid to all the other shareholders of ECO Business-Immobilien AG.

The offer price will amount to EUR 6.50 in cash. conwert will thus offer a premium of 16.5% on the closing price of the ECO-share of 14 June 2010 and a premium of 34.3% on the 6-month average weighted share price.

Conwert considers the public takeover bid an optimal solution in order to efficiently enhance the value of ECO Business-Immobilien AG in the interests of all…

This article includes a total of 434 words.

or Log In

Fast News Search