ADLER Real Estate AG : Adler Real Estate to forge Germany´s third-largest residential company together with ADO Properties and Consus
>Surprising move from ADO to take over ADL - On Sunday (15 December), ADO Properties announced a voluntary public takeover offer (share exchange) for Adler Real Estate (ADL) including a 22.18% stake in Consus Real Estate (Consus) from minority shareholders at a cash price of € 9.72 per share. Consus and ADO have also signed a co-operation agreement. We were surprised by this move as ADL recently bought a 33% stake in ADO Properties and actually seemed to be the p...ADLER Real Estate provides commercial and residential project development services in the form of improvement, planning, development and construction, as well as asset management services and property management services. Adler is also engaged in the acquisition, sale, renting and financing of real estate. Co. also provides international and national joint venture activities and acts as co-investor in the acquisition of real estate portfolios.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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