Investment agreement and takeover offer

Dear shareholders,

Atlantic BidCo GmbH’s (“Atlantic BidCo”) voluntary public takeover offer for Aareal Bank AG has been successfully completed, as announced by the Bidder on 7 June 2023.

Atlantic BidCo had secured around 84 per cent of Aareal Bank shares at an offer price of €33.00 per share in the course of a voluntary public takeover offer last year. At completion of the takeover bid, the Bidder now owns around 90 per cent of the share capital and voting rights of Aareal Bank AG.

Atlantic BidCo is indirectly held by funds controlled, managed or advised by Advent International Corporation and Centerbridge Partners as well as CPP Investment Board Europe S.à.r.l., a wholly-owned subsidiary of Canada Pension Plan Investment Board (“CPP Investments“) and other minority co-investors.

Further Information: