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New Deal


Announced

SES Spar European Shopping Centers to acquire IL GRIFONE.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Single Bidder

shopping centre

Majority

Private

Italy

Diversified Retailers

Acquisition

Domestic

Synopsis

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SES Spar European Shopping Centers, a shopping center operator, agreed to acquire IL GRIFONE, a shopping center. Financial terms were not disclosed. “With IL GRIFONE, we are expanding our portfolio to include a well-established mall. We are doing all we can alongside the local team to project this prime location into the future. We obviously want to further develop the experience-oriented dimension and enhance the quality of stay in the mid-term. IL GRIFONE is a perfect fit for us and the ideal complement to our two Italian shopping centers IPERCITY and LE BRENTELLE in Padua," Christoph Andexlinger, SES Spar CEO.

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