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New Deal


Announced

Carmila to acquire a 93% stake in Galimmo in a €294m.

Financials

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Transaction Value£252m
Consideration TypeCash
Capital Owned-
Capital Bid For93%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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real estate trading

Real Estate Holding and Development

Pending

Single Bidder

France

Acquisition

Public

Domestic

Friendly

Majority

Synopsis

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Carmila, a retail property company, agreed to acquire a 93% stake in Galimmom, a real estate trading services company, in a €294m. “The acquisition of Galimmo represents a major milestone for Carmila and marks a further advancement in our longstanding partnership with Carrefour. Building on our experience and success in transforming sites alongside Carrefour hypermarkets, our goal is to capitalize on the potential of the ecosystem across a broader and complementary geographical footprint. This project will create value for Carmila and strengthen our relationships with tenant retailers," Marie Cheval, Carmila Chairman and CEO.

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