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.
For further insights into ES:LRE stock, check out TipRanks’ Stock Analysis page.