Takeover bid for Aareal Bank


FRANKFURT, GERMANY/ACCESSWIRE/February 4, 2022/ The voluntary tender offer to the shareholders of Aareal Bank AG by Atlantic BidCo GmbH, an uncontrolled company indirectly owned by funds which are respectively managed and advised by Advent International Corporation and Centerbridge Partners, LP as well as other shareholders minority interests, has not reached the minimum acceptance threshold of 60%. Consequently, the tender offer is null and void and will be settled in accordance with the offer document.

Atlantic BidCo Media Contacts

Olaf Zapke, Finsbury Glover Hering, Tel +49 170 764 1971, [email protected]

Markus Stoker, Finsbury Glover Hering, Tel +49 162 245 3946, [email protected]

Roland Klein, Kekst CNC, Tel +44 7776 162 997, [email protected]

Isabel Henninger, Kekst CNC, Tel +49 174 940 9955, [email protected]

Atlantic BidCo Shareholder Information

About Advent International

Founded in 1984, Advent International is one of the world’s largest and most experienced private equity investors. The firm has invested in more than 380 private equity investments in 42 countries and, as of September 30, 2021, had €75 billion in assets under management. With 15 offices in 12 countries, Advent has built a globally integrated team of over 250 private equity investment professionals in North America, Europe, Latin America and Asia. The firm focuses on investments in five key sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. For more than 35 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. For more information visit:

Website: www.adventinternational.com
LinkedIn: www.linkedin.com/company/advent-international

About Centerbridge

Centerbridge Partners, LP is a private investment management firm that uses a flexible approach across all investment disciplines – private equity, private credit and real estate – with the goal of developing the most attractive opportunities for our investors. The company was founded in 2005 and, as of December 31, 2021, had approximately $33 billion in capital under management.[1] with offices in New York and London.[2] Centerbridge is committed to partnering with world-class management teams in targeted industries and geographies. For more information, please visit www.centerbridge.com.

Important Notice

This publication is for information purposes only and does not constitute an invitation to sell or an offer to buy securities of the Company. The offer document published by the Offeror after approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) and the addendum to the offer are the only binding documents with respect to the terms and conditions and other provisions relating to the tender offer. Investors and security holders of the Company are urged to read the Offer Document, the Offer Amendment and all announcements relating to the tender offer immediately upon publication, as they contain or contain important information.

The offer will be made exclusively under the laws of the Federal Republic of Germany, in particular under the German law on the acquisition and takeover of securities (Wertpapiererwerbs- und Übernahmegesetz – WpÜG) and certain provisions of the securities laws of the United States of America applicable to cross-border takeover bids. The offer will not be executed in accordance with the provisions of jurisdictions other than those of the Federal Republic of Germany or the United States of America (to the extent applicable). Thus, no further announcement, registration, admission or approval of the offer outside of the Federal Republic of Germany has been filed, arranged or granted. Investors and security holders of the Company cannot rely on recourse to the provisions of investor protection in any jurisdiction other than the provisions of the Federal Republic of Germany or the United States of America (to the extent applicable ). Subject to the exceptions described in the prospectus as well as waivers that may be granted by the relevant regulators, a tender offer will not be made, either directly or indirectly, in jurisdictions where it would constitute a violation of the laws . of such jurisdiction.

The Offeror reserves the right, to the extent permitted by law, to directly or indirectly acquire other shares outside the offer on the stock exchange or off the stock exchange. If further acquisitions take place, information about such acquisitions, indicating the number of shares acquired or to be acquired and the consideration paid or agreed, will be published without undue delay, if and to the extent required by the laws of the Federal Republic of Germany or any other competent jurisdiction.

To the extent that the announcements contained herein contain forward-looking statements, such statements do not represent facts and are characterized by the words “expect”, “believe”, “estimate”, “intend”, “aim”, “assume” or similar expressions. These statements express the intentions, opinions or current expectations and assumptions of the Bidder and of persons acting with the Bidder. These forward-looking statements are based on current plans, estimates and forecasts, which the Offeror and the persons acting with the Offeror have made to the best of their knowledge, but which they do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and generally cannot be influenced by the Offeror or persons acting with the Offeror.. These expectations and forward-looking statements may prove to be incorrect, and actual events or consequences may differ materially from those contained or expressed in such forward-looking statements. The Offeror and persons acting with the Offeror undertake no obligation to update any forward-looking statements with respect to actual developments or events, basic conditions, assumptions or other factors.

[1] Reflects capital commitments of closed-end funds and net asset value (“NAV”) of Credit Partners funds as of December 31, 2021, including subsequent months’ contributions, unless otherwise noted. Reflects capital commitments to current closed-end funds. Reflects current commitments to Centerbridge Special Credit Funds (SC I, SC II, SC III-Main, SC III-Flex), including Centerbridge Special Credit Partners IV, LP and Centerbridge Special Credit Partners IV Cayman, LP, through the closing effective June 30, 2021, which includes commitments subject to automatic progressive acceptance and which will be activated at a subsequent closing. Reflects current commitments to Centerbridge Capital Partners funds (CCP I, CCP II, CCP III, CCP IV) and includes commitments to co-investment vehicles agreed in conjunction with CCP IV closings. Reflects current commitments to CPREF and CPREF II.

[2] Centerbridge also has support offices in Luxembourg and the Netherlands.

THE SOURCE: Atlantic BidCo GmbH

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