Brief: Lamda Development Takes Full Control Of LAMDA MALLS For EUR 109.0 Million

Lamda Development SA

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 

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