Merger of Unibail Holding S.A. and Rodamco Europe N.V.On May 21, 2007 Unibail Holding S.A. and Rodamco Europe N.V. jointly announced that Unibail made a friendly Public Exchange Offer for all the outstanding shares in the capital of Rodamco. The Offer was declared unconditional on June 21.
In 2007, Unibail-Rodamco acquired 98.52% of the issue share capital of Rodamco Europe. In December of that year, statutory buy out proceedings under Dutch law were initiated to acquire the remaining shares in Rodamco Europe. The buy out price is to be determined by the Enterprise Chamber of the Court of Appeals in Amsterdam. At the start of the proceedings Unibail-Rodamco proposed to pay Euro 81.03 per Rodamco share. Unibail-Rodamco amended its request to the Enterprise Chamber in March 2009 by proposing a revised buy out price of Euro 54.33 on March 23, 2009. This new proposal takes into consideration the overall market developments since December 2007, and is consistent with the method of calculation of the December 2007 proposal.
Please also visit Unibail-Rodamco's website: www.unibail-rodamco.com
Delisting Rodamco Europe N.V.
Schiphol, September 1, 2009: Rodamco Europe NV is pleased to announce it's Business Review and first half 2009 results. It can be downloaded from this website.