Arima Real Estate SOCIMI SA (ES:ARM) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
JSS Real Estate SOCIMI has successfully acquired 99.32% of Arima Real Estate SOCIMI’s shares through a voluntary public offer, meeting the legal requirements for a forced sale or purchase. However, JSS will not enforce a mandatory sale, allowing remaining shareholders to opt for a forced purchase within three months. The purchase price will mirror the offer price, adjusted for any prior dividend payouts.
For further insights into ES:ARM stock, check out TipRanks’ Stock Analysis page.