Brief: Autohellas To By 12% Stake In Fourlis Group REIC Subsidiary For EUR 15 Million

Fourlis Holdings SA

21/07/2022 08:40

July 21 (Reuters) - Autohellas SA  AUTr.AT :
    * TRADE LOGISTICS SUBSIDIARY OF FOURLIS GROUP WILL SELL TO
CO
7.035.000 SHARES OF TRADE ESTATES REIC FOR EUR 15.0 MILLION
    * CO GRANTS RIGHT TO PARTICIPATE IN EQUITY INCREASE OF TRADE
ESTATES THROUGH CONTRIBUTION OF A COMMERCIAL PROPERTY UNTIL DEC.
31, 2022
    * AFTER COMPLETION OF TRANSCACTIONS CO WILL OWN C. 12.0%
STAKE OF
TRADE ESTATES REIC AND REST WILL BE OWNED BY FOURLIS GROUP AND
ITS SUBSIDIARIES

Source text: https://bit.ly/3aPq8fH
Further company coverage:  AUTr.AT 

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