ValueTrust acted as valuation expert to TLG and WCM on the Domination AgreementDomination Agreement • November 21st, 2017
Contract Type FiledNovember 21st, 2017TLG IMMOBILIEN AG (“TLG”) and WCM Beteiligungs- und Grundbesitz-AG (“WCM“) have concluded a Domination Agreement following the public tender offer whereby TLG acquired approx. 86% of WCM’s shares. In this context, ValueTrust acted as valuation expert to the Executive Boards of TLG and WCM and assessed the reasonableness of the determined compensation in TLG shares (exchange ratio) and the guaranteed dividend. In connection with this task, ValueTrust reviewed and analyzed the business plan and other information material and performed a valuation of TLG and WCM in accordance with the valuation standard of the Institute of Public Auditors in Germany (IDW S 1). Furthermore, ValueTrust discussed the valuation results with the management of both companies as well as with the court-appointed auditor.