G City Ltd. is initiating redemption proceedings for the remaining minority shares in Citycon Oyj. The move follows a formal announcement by Citycon Oyj, targeting the final outstanding minority stake in the company. This action aligns with prior efforts to consolidate ownership and streamline operations.
G City Ltd completes its unconditional cash tender offer for all issued and outstanding shares of Citycon Oyj. The offer concludes the subsequent offer period as part of a voluntary public acquisition process. Citycon Oyj confirms the final results of the tender, marking the end of the share acquisition phase.
G City Ltd. acquires **2.8% of Citycon Oyj** through its unconditional cash tender offer, covering **5.2 million shares**. The company now begins a new offer period to further increase its stake in Citycon.
G City Europe sells the Atrium Flora shopping centre in Prague. The transaction involves its subsidiary, Atrium Group Services, as the seller. The buyer is identified as Max Realitni, though no further details on the deal terms are provided.
