Skip to content
Subscriber Only

Adler Rallies as CEO Says Real Estate Sale Came at a Premium

Delayed Adler Group SA Development Projects
Photographer: Krisztian Bocsi/Bloomberg

Adler Group SA shares rallied for a second day as the company’s top executives worked to reassure investors about the value of its real estate sale to rival LEG Immobilien AG. 

In a conference call with analysts and shareholders, Adler’s co-CEOs said the deal helped stabilize liquidity and came at a premium to book value.