on ALTAREIT (EPA:AREIT)
Altarea Announces Settlement in Primonial Dispute
Altareit has disclosed that its parent company, Altarea, has issued a press release concerning a significant settlement. The agreement involves Altarea and its subsidiary, Alta Percier, which is indirectly owned by Altareit, and the shareholders of Praemia, formerly known as Primonial. This settlement concludes the ongoing legal dispute at the Paris Court of Appeal.
Altareit is primarily owned by Altarea, holding a 99.85% stake. This resolution marks a pivotal moment in the relationship between the involved parties, aiming to resolve previously existing conflicts.
Further details can be found on Altarea's website under the regulated information section.
R. P.
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