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IEF Capital N.V. will not pursue a public offer for the outstanding shares of VastNed Retail N.V. More...IEF Capital announces successful completion of the Unibail-Rodamco transaction More...Consortium led by IEF Capital N.V. invited to meet with management board Vastned Retail N.V. More...More news >Archive >IEF Capital N.V. will not pursue a public offer for the outstanding shares of VastNed Retail N.V. | | 23-05-2008 | After the withdrawal of IEF Capital in March 2008 from the tender process organized by the management of VastNed Retail, shareholders of VastNed Retail requested IEF Capital in April 2008 to reinvestigate the possibility to make a public offer for all outstanding shares of VastNed Retail N.V.
In recent weeks IEF Capital reinvestigated the above. Due to weakened real estate and financial market conditions, in comparison to the third quarter of 2007 (the period of IEF Capital’s initial interest), IEF Capital will not pursue a public offer for the outstanding shares of VastNed Retail N.V..
Disclaimer This is a public announcement pursuant to Article 4, paragraph 3 of the Decree on Public Takeover Bids (Besluit openbare biedingen Wft). This announcement and related information shall not constitute a public offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale in securities. Not for release, publication or distribution, in whole or in part, in or into the United States of America, Canada, Australia or Japan.
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