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RSS FeedsUpdate on disposal of Russia, sale of non-core assets, share buyback and CA Immo
(World News Austria)

 
 

15 march 2017 20:04:27

 
Update on disposal of Russia, sale of non-core assets, share buyback and CA Immo
(World News Austria)
 


The following is an update on our planned disposal of the Russian portfolio, the ongoing sale of non-core properties, share buybacks as well as our planned merger with CA Immo. These topics have been adressed to us by the investor Petrus Advisers in an open letter. 1) Russia: Sale of the Russian portfolio The separation of the Russian portfolio (via sale or spin-off) is currently in progress and should be completed as planned during the current financial year. We have used the past months to optimally prepare the separation process (organisation of a data room, extensive vendor due diligence, etc.). Moreover, we have adapted our five shopping centers in Moscow as best as...


 
10 viewsCategory: General > Europe > Austria
 
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