MERLIN Properties SOCIMI SA (ES:MRL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
MERLIN Properties SOCIMI, S.A. has announced a capital increase without preferential subscription rights, with Nortia Capital Investment, S.L. agreeing to subscribe to new shares proportional to its 8.17% stake in the company. The exact issue price is yet to be determined post-bookbuilding, and Nortia has also agreed to a 90-day lock-up period on share transfer post-capital increase.
For further insights into ES:MRL stock, check out TipRanks’ Stock Analysis page.
