16 April 2021

Upcoming appraisal proceedings in Germany

 ARENDTS ANWÄLTE will represent minority shareholders in following proceedings:

  • ADLER Real Estate AG: DA, repectively aqueeze-out
  • Allgemeine Gold- und Silberscheideanstalt Aktiengesellschaft (Agosi): merger squeeze-out
  • AMIRA Verwaltungs Aktiengesellschaft: merger squeeze-out
  • Axel Springer SE: squeeze-out (end-date: 24 May 2021)
  • Covivio Office AG (formerly: Godewind Immobilien AG): squeeze-out
  • Design Hotels AG: merger squeeze-out (end-date: 10 May 2021)
  • EASY SOFTWARE AG: DA (end-date:10 May 2021)
  • HSBC Trinkaus & Burkhardt AG: squeeze-out (end-date: 26 April 2021)
  • HumanOptics AG: merger squeeze-out 
  • i:FAO Aktiengesellschaft: merger squeeze-out 
  • ISRA VISION AG: merger squeeze-out 
  • ISRA VISION PARSYTEC AG: squeeze-out
  • MAN SE: merger squeeze-out 
  • Mercurius AG: squeeze-out (end-date: 14 June 2021)
  • msg life ag: DA (end-date: 20 April 2021)
  • MyHammer Holding AG: merger with non-listed Instapro II AG
  • Nymphenburg Immobilien Aktiengesellschaft: merger squeeze-out
  • Odeon Film AG: merger squeeze-out
  • OSRAM Licht AG: DA 
  • RENK AG: merger squeeze-out (end-date: 17 May 2021)
  • VTG AG: squeeze-out
  • WESTGRUND Aktiengesellschaft: squeeze-out 
(without obligation)

more information: kanzlei@anlageanwalt.de

BUWOG purchase offer

PRESS INFORMATION 

London, 15 April 2021 - Petrus Advisers have today launched a voluntary public purchase offer for all rectification rights from the squeeze-out 2018 of BUWOG AG (ISIN: AT0000A23KB4) for EUR 1.65/unit. Petrus Advisers deem the existing and precedent purchase offers opportunistic and too low and hence have decided to launch a purchase offer for those holders of rights that are interested in an immediate cash alternative at better terms. The legal proceedings disputing the fairness and appropriateness of the squeezeout price (cash compensation) are ongoing and there is currently no tangible progress nor justifiable evidence that would allow for an educated time estimate of the future outcome. The offer bears no minimum acceptance threshold and will be available to all existing holders of BUWOG upside rights. The offer will expire on 5 th May 2021 and settle on 12th May 2021. For more information, please visit www.petrusadvisers/purchaseoffers.