Sponsored
Article Tools

Russian Investor Boris Mints to Launch Tender Offer for 10 Pct of CA Immo Shares

Published: November 28, 2014; 18:30 · (Vindobona)

O1 Group Limited of Russian investor Boris Mints has made a voluntary partial public takeover offer of 10% of additional CA Immo shares. The offer comprises the purchase of up to 9,735,276 non-par value bearer shares of CA Immo (ISIN AT0000641352), which are admitted to the Official Market on the Vienna Stock Exchange.

Russian Investor Boris Mints to Launch Tender Offer for 10 Pct of CA Immo Shares / Picture: © O1 Group

Listed property group CA Immo saw a Cypriot group O1 of Russian property investor Boris Mints launch the earlier announced tender offer for CA Immo shares, offering EUR 18.5 (USD 23.7) apiece.

O1 plans to raise the stake in CA Immo to 26 percent from the current 16.15 percent, under the offer.

The offer will run until February 6, 2015.

The price of EUR 18.5 is…

This article includes a total of 387 words.

or Log In