Spain

Värde rejects Neinor's offer for Via Célere

Värde rejects Neinor's offer for Via Célere

After the break, Aedas and Habitat enter the bid to take over the developer, although the exclusive negotiation period between the two developers ends next week, so there is still time for the presentation of new offers.

The reasons for the rupture lie in Neinor's intention to pay part of the 1,700 million euros of the operation in shares, something that is not in the interest of Värde. In addition, the offer presented remained below the expectations of the owners of Vía Célere.

If the negotiation finally ends without an agreement, Värde Partners will expand the candidate radar. By company size, Aedas Homes or Habitat Inmobiliaria are considered as potential buyers.

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