According to Sonae’s announcement to CMVM concerning the deal, Sonae MC will generate an added value of 25.3 million euro. With this deal, Sonae MC SGPS’s retail assets holding level is now 46%.
Without identifying the assets, in the same announcement, the company notes that «this operation is in line with Sonae SGPS, SA’s announced strategy of monetizing its real estate assets, keeping, at the same time, an adequate level of operational flexibility».