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BRIEF-TLG Immobilien launches public takeover offer for all WCM shares
June 27, 2017 / 5:37 AM / 5 months ago

BRIEF-TLG Immobilien launches public takeover offer for all WCM shares

June 27 (Reuters) - TLG IMMOBILIEN AG:

* LAUNCHES PUBLIC TAKEOVER OFFER FOR ALL WCM SHARES

* ‍TLG IMMOBILIEN COMMITS TO ACQUIRE ALL WCM SHARES BY EXCHANGING 1 NEW TLG IMMOBILIEN SHARE FOR EVERY 5.75 WCM SHARES (4:23)​

* ‍STARTING TODAY, WCM SHAREHOLDERS CAN TENDER THEIR SHARES DURING ACCEPTANCE PERIOD UNTIL 5 SEPTEMBER 2017​

* ‍NEW TLG IMMOBILIEN SHARES TO FINANCE TRANSACTION TO COME FROM EXISTING AUTHORIZED CAPITAL​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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