ADLER Group S.A. (XTRA:ADJ) entered into an agreement to acquire an additional 28.9% stake in Consus Real Estate AG (XTRA:CC1) for approximately €340 million on December 12, 2020. The consideration comprises of a share exchange at an exchange ratio of 0.272 new ADLER shares for each Consus share by way of a contribution of approximately 46.78 million Consus shares in exchange for approximately 12.72 million new ADLER shares. After completion of the transaction, ADLER's stake in Consus will increase to approximately 94.0% from approximately 65%.