on GSG GROUP S.A. (isin : LU0251710041)
CPI PROPERTY GROUP in Advanced Negotiations for Potential Investment by Apollo Funds into GSG Berlin GmbH
CPI PROPERTY GROUP (CPIPG), a Luxembourg-based real estate company, announced it is in advanced stages of negotiation for a potential equity investment with Apollo Funds into GSG Berlin GmbH (GSG). The investment could see Apollo Funds subscribing to common shares up to a total value of €450 million.
The completion of this transaction depends on finalizing binding documents and obtaining clearance from the EU Commission under EU Merger Regulation. It also awaits review by third parties, including rating agencies, with no decision being formalized yet. The potential investment underscores CPIPG's strategic moves in the real estate market and could significantly impact its operations and valuation.
R. P.
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