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Home Care Markets Business Aedifica and Cofinimmo agree to merge

Aedifica and Cofinimmo agree to merge

Stefaan Gielens, Aedifica chief executive

Aedifica and Cofinimmo have reached an agreement to merge, creating a healthcare REIT with a combined gross asset value of €12.1bn (£10.2bn). The Belgian-based REITs have agreed to combine through an exchange offer to be launched by Aedifica at an exchange ratio of 1.185 new Aedifica shares for each Cofinimmo share. Aedifica submitted a proposal…

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