Brief: Lamda Development Takes Full Control Of LAMDA MALLS For EUR 109.0 Million
23/05/2022 07:37
May 23 (Reuters) - Lamda Development SA LMDr.AT :
* LAMDA DEVELOPMENT SAYS IT SIGNED ON MAY 20 AN AGREEMENT TO
PURCHASE A MINORITY STAKE (31.7%) IN ITS SUBSIDIARY LAMDA MALLS
FOR EUR 109.0 MILLION
* LAMDA DEVELOPMENT SAYS THE TRANSACTION IS EXPECTED TO BE
COMPLETED WITHIN Q3 2022
* LAMDA DEVELOPMENT SAYS UPON COMPLETION OF THE TRANSACTION
THE
COMPANY WILL TAKE FULL CONTROL OF THE SUBSIDIARY LAMDA MALLS
Further company coverage: LMDr.AT
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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