Arima Real Estate SOCIMI SA (ES:ARM) has released an update.
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The National Securities Market Commission has authorized JSS Real Estate SOCIMI’s offer to acquire 100% of Árima Real Estate SOCIMI’s shares at 8.61 euros per share, in a move involving 25,982,941 shares across major Spanish stock exchanges. Although the offer price is set freely by the offeror, it is not considered a fair price under current regulations.
For further insights into ES:ARM stock, check out TipRanks’ Stock Analysis page.