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IFM GIF: Takeover Commission approves publication of public offer for the increase of the minority stake in Flughafen Wien AG

Published: April 1, 2016; 07:29 · (Vindobona)

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM GIF"), has today, 1 April 2016, published a public voluntary offer pursuant to §§ 4 et seq of the Austrian Takeover Act (Übernahmegesetz) addressed to the shareholders of Flughafen Wien AG (ISIN AT0000911805). The offer aims at the increase of the minority stake by up to 10.0% for a price of EUR 100 per share. This corresponds to a premium of 20.9% compared to the closing price of the last trading day prior to the announcement of the intention to launch the offer (11 March 2016) and a premium of 24.2% compared to the volume weighted average price (VWAP) of the last month prior to the announcement. The offer can be accepted by interested shareholders until 28 April 2016, 3:00pm (Vienna time).

IFM GIF: Takeover Commission approves publication of public offer for the increase of the minority stake in Flughafen Wien AG / Picture: © Vindobona

 

• Airports Group Europe S.à r.l. offers shareholders EUR 100 per
share from 1 April 2016 until 28 April 2016
• Intended increase of the minority stake by up to 10.0%

Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect
subsidiary of IFM Global Infrastructure Fund ("IFM GIF"), has today,
1 April 2016, published a public…

This article includes a total of 830 words.

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