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Plaza Centers Updates on Casa Radio Arbitration with Romania

Story Highlights
  • Plaza Centers N.V. is involved in arbitration with Romania over the Casa Radio project.
  • Romania revised its claim, altering the presentation of alleged losses previously reported as EUR 2 billion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Plaza Centers Updates on Casa Radio Arbitration with Romania

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The latest announcement is out from Plaza Centers N.V. ( (PL:PLZ) ).

Plaza Centers N.V. announced an update regarding the ongoing arbitration proceedings with the Ministry of Finance of Romania concerning the Casa Radio project. Romania has filed a revised Statement of Claim, altering the presentation of alleged losses, which were previously reported to be approximately EUR 2 billion. Plaza Centers remains committed to safeguarding shareholder interests and adhering to disclosure obligations, though the financial impact of the arbitration remains uncertain.

More about Plaza Centers N.V.

Plaza Centers N.V. is a company listed on the Main Board of the London Stock Exchange, the Warsaw Stock Exchange, and the Tel Aviv Stock Exchange.

For detailed information about PLZ stock, go to TipRanks’ Stock Analysis page.

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