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Adler acquires all shares in ADO Group for € 708m

Adler Real Estate AG (Adler) signed a merger agreement to acquire all shares in A.D.O. Group Ltd (ADO Group) for c. € 708m with the total value of transaction being c. € 970m. ADO Group is Israeli listed and shareholder in ADO Properties. This transaction will create a pure-play German residenti[…]