Finance

Gazit agrees deal to acquire Atrium European Real Estate

By 2021-10-18T07:04:00

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Source: Shutterstock/Phongphan

Israeli property investor Gazit-Globe has agreed the takeover of the Eastern Europe property group Atrium European Real Estate.

Gazit Hercules 2020, which is a wholly-owned subsidiary of Gazit-Globe, has agreed to acquire the entire issued and to be issued ordinary share capital of Atrium that it does not already own for €3.63 (£3.06) per Atrium share.

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