IMMOFINANZ AG
IMMOFINANZ and S IMMO terminate discussions over a possible combination
IMMOFINANZ AG / Key word(s): Real Estate/Miscellaneous IMMOFINANZ and S IMMO terminate discussions over a possible combination The Executive Boards of S IMMO and IMMOFINANZ today decided to end their discussions over the possible combination of the two companies. This decision was based, in particular, on the inability to reach an agreement over a possible exchange ratio. This decision followed a proposal by IMMOFINANZ to S IMMO to plan a merger based on the NAV for presentation to the annual general meetings in 2020.
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26-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | IMMOFINANZ AG |
Wienerbergstraße 11 | |
1100 Vienna | |
Austria | |
Phone: | +43 (0) 1 88090 – 2290 |
Fax: | +43 (0) 1 88090 – 8290 |
E-mail: | investor@immofinanz.com |
Internet: | http://www.immofinanz.com |
ISIN: | AT0000A21KS2 |
WKN: | A2JN9W |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Warschau, Vienna Stock Exchange (Official Market) |
EQS News ID: | 921815 |
End of Announcement | DGAP News Service |