GE starts buying off procedure Haslemere

GE Real Estate has rounded off the vast part of the take-over of Haslemere. In total, a sum of almost € 235 million has been paid. Selling parties were Brack Capital Real Estate and Citadel Canterbury. For the remaining part, 1.2%, GE Real Estate will start an official buying off procedure. It is to be expected that this will take approx. six to twenty-four months. Per share € 10.39 has been offered.

Per July 2, the fund will no longer be listed in London. The listings in Frankfurt and Paris will be ended as well. After that the company will also be unlisted in Amsterdam.

Source: De Financiële Telegraaf

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