Plaza Centers Faces EUR 96M Arbitration Claim
Company Announcements

Plaza Centers Faces EUR 96M Arbitration Claim

Plaza Centers N.V. (GB:PLAZ) has released an update.

Plaza Centers N.V., a real estate company listed on multiple stock exchanges, has received a notice to start arbitration under the London Court of International Arbitration rules, with the Romanian Ministry of Finance seeking compensation of approximately EUR 96 million. The company, alongside Elbit Imaging Ltd and a third-party investor, is currently reviewing the details of the arbitration notice.

For further insights into GB:PLAZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskPlaza Centers Challenges Romania in Arbitration Dispute
TipRanks UK Auto-Generated NewsdeskPlaza Centers N.V. Faces €8.9M Loss in H1 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App