The real estate financier Aareal
Bank wants his IT subsidiary Aareon with a whole
Strengthen series of acquisitions. He goes from five or more acquisitions
a year, said Aareal boss Hermann Merkens at the
Balance sheet presentation on Wednesday in Frankfurt. It is generally interesting
Companies along the value chain of the housing industry.
Aareon offers services to companies from the
Real estate industry supported by the
Data service providers, for example, their buildings and technical systems
easier to manage. How expensive the individual takeover targets
Merkens did not want to put a figure on it. However, that could
Companies spend significantly more on takeovers than in the
Past.
A sale of Aareon, as partly by the Aareal shareholders
requested, the manager rejected again. He thinks it is
conceivable to bring in a minority shareholder from the daughter.
But this must bring strategic advantages for Aareon. “A
pure financial transaction doesn’t really make much sense to us, ”
said Merkens./stw/fba
ISIN DE0005408116
AXC0189 2020-02-26 / 13: 16
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