PRESS RELEASE
News
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PRESS RELEASE
CPI Property Group – Sale of S IMMO AG shares to IMMOFINANZ AG
CPI Property Group announces sale of S IMMO AG shares to IMMOFINANZ AG, increasing stake to around 89%. Total purchase price of €608.5 million. Financing through €500 million credit facility from CPIPG. Related party transaction -
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PRESS RELEASE
EQS-Adhoc: CPI PROPERTY GROUP and IMMOFINANZ to start negotiations about the sale of CPIPG’s 38.37% stake in S IMMO to IMMOFINANZ
CPI PROPERTY GROUP to negotiate sale of 38.37% stake in S IMMO to IMMOFINANZ at fair market price. Potential EUR 623 million deal. Long-term financing offered by CPIPG. Expected completion by Sep 2024 -
