RARE Alert: Israeli property giant said to be weighing outright purchase of Atrium European Real Estate Limited
Another piece of random RARE has landed on my desk.
Word is Gazit Globe, the Tel Aviv-based shopping centre giant, is keen on buying out the remainder of Atrium European Real Esate Limited that it doesn't own.
Gazit Globe currently owns around 55pc of of Atrium, a Jersey-domiciled owner and operator of shopping centres in Central and Eastern Europe.
According to sources, Gazit Globe has been talking to Atrium's board about paying around EURO 4.30 a share for the outstanding stock it doesn't own...
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