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Neinor launches an exclusion bid of 24 euros for its former competitor Aedas

The largest Spanish promoter already controls more than 98% of what used to be Castlelake's real estate company after two bids in 2025 and 2026

Translated from Spanish Read in Spanish

Neinor launches an exclusion bid of 24 euros for its former competitor Aedas

Aedas Homes is set to delist from the stock exchange, as Neinor, the Basque real estate company that has controlled it since last year, plans to launch a takeover bid to fully acquire the company. The bid, which was announced to the Spanish National Securities Market Commission (CNMV), is expected to be completed between December and January, giving Neinor 100% control of Aedas Homes. Neinor had previously acquired a majority stake in its former rival. The move follows Neinor's purchase of Aedas Homes.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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