Announced
Synopsis
CriteriaCaixa, holding company managing ”la Caixa” Foundation’s business assets, agreed to acquire an additional 14% stake in Inmobiliaria Colonial, a real estate company, for €622m. The deal is aimed to reinforce Colonial’s leader position in the office rental business in the cities in which it has a presence, and to contribute to its urban regeneration strategy and to reinforce its capital structure to boost its pan European strategy for growth and value creation.
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