Analyst Research

Report Title Price
Provider : Reuters Investment Profile
$20.00
Provider : Wright Reports
$75.00
Provider : Sadif Analytics Prime
$10.00
Provider : Sadif Analytics Prime
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Aareal Bank AG completes acquisition of Corealcredit Bank AG


Monday, 31 Mar 2014 01:01pm EDT 

Aareal Bank AG:Completes acquisition of Corealcredit Bank AG announced on Dec. 22, 2013.Purchase was executed on March 31 and to become effective on March 31.Corealcredit Bank AG is now legally independent subsidiary under umbrella of Aareal Bank Group.Preliminary purchase price agreed with previous owner in contract of December 2013 amounted to 342 million euros.In accordance with provisions of agreement, purchase price is subject to adjustments, amount of which to be calculated as of closing date of acquisition.With view to integration of Corealcredit Bank AG into Aareal Bank Group, it is planned to agree control and profit transfer agreement shortly.