Citycon's retail center transaction in Sweden postponed (SE)

Citycon Oyj acquired in September three retail centers located in Åkermyntan, Kallhäll and Fruängen in Stockholm Metropolitan Area, Sweden. The transaction was expected to close on 1 November 2005. However, the seller has announced that it has not yet obtained all the permits required for the closing and as a result the parties have agreed to postpone the closing date. The closing is now expected to take place on 1 December 2005.

Source: Citycon

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