{"id":754,"date":"2019-10-08T13:35:29","date_gmt":"2019-10-08T13:35:29","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/08\/germanys-aareal-conducts-strategic-review-following-calls-from-investor\/"},"modified":"2019-10-08T13:35:29","modified_gmt":"2019-10-08T13:35:29","slug":"germanys-aareal-conducts-strategic-review-following-calls-from-investor","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/08\/germanys-aareal-conducts-strategic-review-following-calls-from-investor\/","title":{"rendered":"Germany&#8217;s Aareal conducts strategic review following calls from investor"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>FRANKFURT (Reuters) &#8211; German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon. <\/p>\n<p>Hermann Merkens, Aareal\u2019s chief executive officer, wrote in a letter to the shareholder, Teleios Capital Partners, that Aareon was a \u201ckey pillar\u201d and that the bank was continuing to grow and invest in the division. <\/p>\n<p>But Aareal also said the group was \u201cassessing all relevant options\u201d. It had made no decisions on the outcome and had no established preferences, Merkens wrote. <\/p>\n<p>Last month, Teleios, which holds a 3.4% stake in Aareal, said investors may be better served through a full sale of Aareon. <\/p>\n<p>A spokesman for Teleios declined to comment. <\/p>\n<div class=\"Attribution_container\">\n<div class=\"Attribution_attribution\">\n<p class=\"Attribution_content\">Reporting by Hans Seidenstuecker and Tom Sims; editing by David Evans<\/p>\n<\/div>\n<\/div>\n<div class=\"StandardArticleBody_trustBadgeContainer\"><span class=\"StandardArticleBody_trustBadgeTitle\">Our Standards:<\/span><span class=\"trustBadgeUrl\"><a href=\"http:\/\/thomsonreuters.com\/en\/about-us\/trust-principles.html\" target=\"_blank\" rel=\"noopener\">The Thomson Reuters Trust Principles.<\/a><\/span><\/div>\n<\/div>\n<p>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] FRANKFURT (Reuters) &#8211; German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon. Hermann Merkens, Aareal\u2019s chief executive officer, wrote in a letter to the shareholder, Teleios Capital Partners, that Aareon was a \u201ckey [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=754"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/558"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}