Arima Real Estate SOCIMI SA (ES:ARM) has released an update.
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JSS Real Estate SOCIMI, S.A. has officially reported to the Spanish National Securities Market Commission the approval by its shareholders for the acquisition of all issued shares of Árima Real Estate SOCIMI, S.A. This move follows the voluntary tender offer announced on 16 May 2024. The acquisition is now pending on the condition that JSS receives acceptance for at least 50% plus one of Árima’s shares post a capital reduction by Árima.
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