CPIPG acquires, delists NEXT RE
Analysis based on 8 articles · First reported Jun 05, 2026 · Last updated Jun 12, 2026
The acquisition and subsequent delisting of NEXT RE SIIQ S.p.A. by Simon Property Group S.A. will remove NEXT RE SIIQ S.p.A. from public trading, impacting its shareholders who will receive the offer price. For Simon Property Group S.A., this consolidates its real estate portfolio and market position.
Simon Property Group S.A. has successfully completed its voluntary all-share public takeover bid for NEXT RE SIIQ S.p.A., initiating a squeeze-out procedure to acquire the remaining 1.04% of shares not yet owned. The total consideration of Euro 684,228 for the 228,076 remaining shares, at an offer price of Euro 3.00 per share, has been deposited with UniCredit. As a result, Borsa Italiana has ordered the delisting of NEXT RE SIIQ S.p.A.'s ordinary shares from Euronext Paris, effective June 12, 2026. This action grants Simon Property Group S.A. 100% ownership of NEXT RE SIIQ S.p.A., concluding its status as a publicly traded company.
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