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New Deal


Announced

Completed

Ingka Centres completed the acquisition of a 25% stake in Italie Deux and the 6,500m2 Italik extension from Hammerson for €164m.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Single Bidder

Cross Border

Private

Diversified Retailers

consumer shopping

France

Friendly

Completed

Acquisition

Synopsis

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Ingka Centres, part of the Ingka Group that includes IKEA Retail and Ingka Investments, completed the acquisition of a 25% stake in Italie Deux and the 6,500m2 Italik extension from Hammerson, a property development and investment company, for €164m.

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