Business · Companies · 20 hrs ago
Neinor launches €24 delisting offer for Aedas
Spain’s largest property developer, Neinor has launched a delisting offer for Aedas.
It is offering €24 per share to buy out remaining Aedas shareholders.
Aedas was once a competitor of Neinor and was owned by investment firm Castlelake.
Neinor already controls more than 98% of Aedas.
It built that stake through two bids in 2025 and 2026.
The offer is intended to remove Aedas from the stock market.
Neinor has launched a delisting offer for Aedas at €24 per share.
Neinor already controls more than 98% of Aedas.
Aedas was formerly a property company owned by Castlelake.
Neinor made two bids for Aedas in 2025 and 2026.
- Who
- Neinor and Aedas, a Spanish property developer formerly owned by Castlelake.
- What
- Neinor launched a delisting offer for Aedas at €24.
- When
- 30 October 2026.
- Where
- Spain.
- Why
- The offer is to delist Aedas; the reason is not stated.
This story does not have two clearly opposing sides.
Neinor made one of two bids for Aedas.
Neinor made the other of the two bids for Aedas.
Neinor launched a delisting offer for Aedas at €24.
- Offer price
- €24
- Neinor's stake
- More than 98% of Aedas
- Previous bids
- Two, in 2025 and 2026