Helios RE Proposes Takeover of Lar España Real Estate
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Helios RE Proposes Takeover of Lar España Real Estate

Lar Espana Real Estate ate ate SOCIMI (ES:LRE) has released an update.

Helios RE, S.A. has proposed a voluntary public takeover offer for all shares of Lar España Real Estate SOCIMI, S.A., amounting to 100% of its share capital. The offer, approved by the respective boards of both companies, includes a bank guarantee of over 609 million euros to ensure payment. The offer’s terms and conditions will be detailed in an explanatory brochure following authorization from the National Securities Market Commission.

For further insights into ES:LRE stock, check out TipRanks’ Stock Analysis page.

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