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Announced

Liberty Group to acquire a minority stake in Liberty Two Degrees.

Synopsis

Liberty Group, a company offering asset management, investment and insurance solutions, agreed to acquire a minority stake in Liberty Two Degrees, a commercial real estate firm that offers asset management and retail services. Financial terms were not disclosed. “Liberty has proposed a transaction that would unlock significant value for L2D shareholders while balancing the needs of its other stakeholders. We value our investment in L2D and expect this consolidation to further enhance the strong legacy already created by both businesses in the property sector,” Yuresh Maharaj Liberty Group chief executive.

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