Lar Espana Real Estate ate ate SOCIMI (ES:LRE) has released an update.
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Helios RE has successfully acquired 92.17% of Lar España Real Estate’s share capital following a voluntary takeover bid. The company plans to execute a squeeze-out transaction for the remaining shares and aims to list Lar España’s shares on a multilateral trading facility in Spain. This strategic move is aimed at maintaining Lar España’s SOCIMI regime status while facilitating its delisting from the Spanish Stock Exchanges.
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