on GSG GROUP S.A. (ETR:O5G)
CPI Property Group's Successful Voluntary Offer for NEXT RE Shares
CPI Property Group S.A. has announced the provisional results of its voluntary public takeover bid of NEXT RE SIIQ S.p.A. With over 95% acceptance of the listed shares, the Offer's Threshold Condition has been met. The payment of €3.00 per share is set for May 22, 2026, pending satisfaction or waiver of the remaining Conditions of Effectiveness.
From April 20 through May 15, 2026, a total of 4,185,510 shares were accepted. This represents 94.83% of the shares subject to the Offer. Consequently, the CPI Property Group will hold at least 98.79% of NEXT RE’s share capital.
No share purchases were made outside the Offer. The next steps include confirming the remaining conditions by May 21, 2026, and proceeding with the squeeze-out for the remaining shares.
R. E.
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