Announced
Financials
Tags
Acquisition
Mandatory Offer
Public
Cross Border
Real Estate Services
real estate company
Austria
Pending
Friendly
Tender Offer
Single Bidder
Majority
Synopsis
CPI Property, a real estate company, agreed to acquire S IMMO, a real estate investment company, for €2.4bn. “CPIPG is committed to Central and Eastern European real estate and to our conservative financial policy. The strategy announced today is another logical step forward in the Group’s evolution from a regional leader into a European real estate champion," Martin Nemecek, CPIPG CEO.
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