SONAE HAS GREEN LIGHT TO CONTROL SONAE SIERRA

SONAE HAS GREEN LIGHT TO CONTROL SONAE SIERRA

 

In a statement referred by Lusa, the decision is justified with the fact that Sonae already controlled Sonae Sierra before this acquisition, announced in July. The transaction includes the purchase of a stake of 20% for €255 million from Grosvenor, strengthening Sonae's position in the real estate business to 70% of its capital.

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