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BRIEF-TLG Immobilien expects 5 mln synergies from WCM deal
May 10, 2017 / 9:32 PM / 4 months ago

BRIEF-TLG Immobilien expects 5 mln synergies from WCM deal

May 10 (Reuters) - TLG Immobilien AG

* Says expects synergy potential of eur 5 million p.a. on fully phased-in basis from WCM deal

* Says plans formation of eur 3 billion pan-german quality asset platform

* Says joint headquarter of combined company will remain in Berlin

* Says deal structure allows TLG immobilien to maintain pro-forma net ltv remaining below 45% threshold

* Says Victoriapartners, UBS financial advisers to tlg Source text for Eikon: Further company coverage:

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