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New Deal


Announced

J. Safra Group to acquire Faneuil Hall Marketplace from Ashkenazy Acquisition.

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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United States

shopping mall

Friendly

Pending

Private

Majority

Real Estate Holding and Development

Acquisition

Single Bidder

Domestic

Synopsis

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J. Safra Group, a real estate development, agreed to acquire Faneuil Hall Marketplace, a shopping mall, from Ashkenazy Acquisition, a private real estate investment firm. Financial terms were not disclosed. "It has been our honor and privilege to have served Faneuil Hall Marketplace, the City of Boston, and the millions of visitors who have enjoyed their experiences at this historic asset," Joe Press, Ashkenazy Acquisition Chief Operating Officer.

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