Lar Espana Real Estate ate ate SOCIMI (ES:LRE) has released an update.
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Helios RE has reached an agreement with Castellana Properties to accept their voluntary tender offer for Lar España Real Estate SOCIMI at an increased offer price of 8.30 euros per share, reflecting a 0.20 euro raise from the initial offer. This commitment from Castellana Properties includes their 28.784% stake in Lar España. Helios RE will soon submit the revised offer documentation to the CNMV for approval.
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