Money Makers Mentor

Quarterly Report: Precedent Transactions Real Estate/Gaming/Lodging, 2nd Quarter 2020

Despite the Coronavirus Pandemic still sweeping the globe, the Real Estate/Gaming/Lodging Sector saw some prominent in the second quarter of 2020. Below are the largest deals from this sector in Q2 of 2020.

Consus Real Estate AG Acquired by ADO Properties SA

ADO Properties SA announced on June 29 that the company “has exercised its call option to acquire control of Consus Real Estate AG.” ADO is planning to “launch a public voluntary tender offer at the same 0.239xADO shares for each share of the Company (to be adjusted for a rights issue) to all remaining minority shareholders of the Company in due course.”

Zhuhai Investment Holdings Co. Ltd. Acquires Gree Real Estate Co. Ltd.

China-based Zhuhai Investment Holdings Co. Ltd. obtained 8.89% stake in Gree Real Estate Co. Ltd. …

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