Homburg Invest Inc.
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Publicatie datum
20 feb 2007 - 14:46
Statutaire naam
Homburg Invest Inc.
Titel
HOMBURG, ALEXIS NIHON, COMINAR REACH AGREEMENT; ALEXIS NIHON TO SUPPORT HOMBURG OFFER OF $18.60 PER UNIT AND COMINAR TO ACQUIRE OFFICE AND INDUSTRIAL PROPERTIES OF ALEXIS NIHON
Bericht
Halifax, Nova Scotia, February 20, 2007 – Homburg Invest Inc. (“Homburg”) (TSX: HII.A & HII.B and AEX:HII) announced today that, following the waiver by Cominar Real Estate Investment Trust (“Cominar”) of its five day right to match Homburg’s previously announced offer of CAD$18.60 per unit and the termination of the combination agreement between Cominar and Alexis Nihon Real Estate Investment Trust (“Alexis Nihon“), Homburg has entered into a definitive support agreement with Alexis Nihon under which Alexis Nihon will support Homburg’s offer to acquire all of the outstanding units of Alexis Nihon at a price of CAD$18.60 per unit. Cominar has agreed to waive the CAD$12.5 million termination fee payable to Cominar in relation to the Homburg offer, if it is completed, but not with respect to any other acquisition proposal.
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