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M&A Report 2021: Austria | International Financial Law Review


March 16 2021
Despite the COVID-19 pandemic, M&A transactions continued to take place in Austria, albeit at a somewhat slower pace, especially at the beginning of the year. According to the M&A Index 2020 published by EY Austria (Ernst & Young Global Limited), the number of transactions with Austrian participation fell from 328 to 275 in 2020 compared to 2019 (minus 16.2%). Transaction volumes, on the other hand, increased slightly by 4.1% from €12.1 billion (approximately $14.5 billion) to €12.6 billion.
The effect of the COVID-19 pandemic on companies are as diverse as the economic sectors in which they operate. The tourism industry, one of the main pillars of the Austrian economy, was hit especially hard by the COVID-19 pandemic. Although the Austrian government reacted quickly in providing substantial state aid packages, the Austrian GDP is estimated to shrink by about 7.1% in 2020 (compared to 1.4% in 2019); only a gradual recovery of about ....

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SOF-11 Klimt CAI S.a.r.l. (BidCo), a controlled affiliate of [...] | Comunicati stampa CataniaOggi


26 febbraio 2021 17:50
Fonte: Adnkronos
#economia-e-finanza
- BidCo launched an anticipated mandatory takeover offer for CA Immo on 22 February 2021
- The offer price for each CA Immo share will be increased from EUR 34.44 to EUR 36.00
- The offer price for each CA Immo convertible bond with nominal value of EUR 100,000 will be increased from approx. EUR 132,621.35 to approx. EUR 138,628.59
- All other terms of the offer will remain unchanged
VIENNA and LUXEMBOURG, Feb. 26, 2021 /PRNewswire/ On Monday, 22 February 2021, BidCo published the offer document for an anticipated mandatory takeover offer for all CA Immo shares and convertible bonds that are not held by either BidCo or CA Immo. ....

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SOF-11 Klimt CAI S.a.r.l. (BidCo), a controlled affiliate of Starwood Capital Group, announces an increase of the offer price for the Public Takeover Offer of CA Immobilien Anlagen AG (CA Immo)


- The offer price for each CA Immo share will be increased from EUR 34.44 to EUR 36.00
- The offer price for each CA Immo convertible bond with nominal value of EUR 100,000 will be increased from approx. EUR 132,621.35 to approx. EUR 138,628.59
- All other terms of the offer will remain unchanged
VIENNA and LUXEMBOURG, Feb. 26, 2021 /PRNewswire/ On Monday, 22 February 2021, BidCo published the offer document for an anticipated mandatory takeover offer for all CA Immo shares and convertible bonds that are not held by either BidCo or CA Immo.
Under the terms of the offer, the price offered to shareholders is EUR 34.44 per CA Immo share ( ....

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