ICAMAP in attempt to block Atrium takeover by majority owner

Atrium

ICAMAP Investments has written to the board of Atrium Real Estate alerting it to its intention to vote against the €1.4bn (£1.26bn) takeover of Atrium by Israeli property group Gazit Globe.

In a letter from its managing director Harm Meijer, a 1.38% stake in Atrium, said the offer is “unfair and unacceptable to minority shareholders, as it significantly undervalues the company”.

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