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EQS Group-News: Mobimo Holding AG / Key word(s): Miscellaneous
Mobimo Holding AG: Mobimo Holding AG plans to submit an offer to
shareholders of real estate company Fadmatt AG
2018-01-22 / 12:03
Ad hoc Press Release
*Mobimo Holding AG plans to submit an offer to shareholders of real estate
company Fadmatt AG*
*Lucerne, 22 January 2018* - The Board of Directors of Mobimo Holding AG
("Mobimo") intends to acquire a majority interest in real estate company
Fadmatt AG ("Fadmatt", www.fadmatt.ch [1]). Should such transaction take
place, it will total CHF 140 million, with a purchase offer of CHF 21,000
per Fadmatt share. Mobimo has submitted a corresponding proposal to the
Fadmatt Board of Directors. As soon as the intention becomes more concrete
or relevant decisions are made, Mobimo will publish further information.
*If you have any questions, please contact: *
Mobimo Holding AG
Dr. Christoph Caviezel, CEO
+41 44 397 11 86
christoph.caviezel@mobimo.ch
www.mobimo.ch [2]
*About Mobimo:*
Mobimo Holding AG was established in Lucerne in 1999 and has been listed on
the SIX Swiss Exchange since 2005. With a real estate portfolio with a total
value of more than CHF 2.7 billion, the Group is one of the leading real
estate companies in Switzerland. The portfolio comprises investment and
development properties in first-class locations in German-speaking
Switzerland and French-speaking Switzerland. Mobimo generates stable rental
income with its residential and commercial properties, while its development
expertise and full pipeline allows it to create value enhancement potential
in its own portfolio and for third parties. The investment volume of
development properties for its own portfolio totals around CHF 0.8 billion.
Mobimo has a stable business model, pursues a sustainable strategy and
provides its shareholders with an attractive return.
End of Corporate News
647231 2018-01-22
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2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=18ad9553c2ca227b6535e5dea42fa238&application_id=647231&site_id=vwd&application_name=news
(END) Dow Jones Newswires
January 22, 2018 06:03 ET (11:03 GMT)
