First Capital Partner GmbH Launches Tender Offer for PATRIZIA SE

First Capital Partner GmbH announced its decision to launch a voluntary public acquisition offer targeting PATRIZIA SE. The offer aims to acquire registered no-par value shares of PATRIZIA SE that the bidder does not already hold, potentially increasing its stake to 73%. The proposed cash consideration is EUR 8.20 per share, reflecting a 30.2% premium over the previous closing price on the Frankfurt Stock Exchange.

The bidder currently holds approximately 58.89% of PATRIZIA's share capital. An investment and downlisting agreement was also signed, indicating a shift in PATRIZIA's trading placement. The move is not a delisting acquisition offer under the German Stock Exchange Act.

The tender offer is subject to customary conditions, and the offer document's publication awaits approval from Germany's financial supervisory authority.