Brief: Immofinanz Increases Shareholding In S IMMO To More Than 50%

CPI Europe AG

19/12/2022 17:18

Dec 19 (Reuters) - IMMOFINANZ AG  IMFI.VI :
    * IMMOFINANZ INCREASES SHAREHOLDING IN S IMMO TO MORE THAN
50%
    * PURCHASE PRICE AMOUNTS TO EUR 337.5 MILLION OR EUR 19.5
PER S
IMMO SHARE
    * TRANSACTION WILL BE FINANCED THROUGH A LONG-TERM CREDIT
FACILITY
PROVIDED TO IMMOFINANZ BY CPIPG
    * CLOSING OF TRANSACTION WILL TAKE PLACE BEFORE END OF 2022;
CONSEQUENTLY, IMMOFINANZ WILL FULLY CONSOLIDATE S IMMO IN 2022
ANNUAL FINANCIAL STATEMENTS

Source text for Eikon:  ID:nEQ9n36TWa 
Further company coverage:  IMFI.VI 
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