MAS Real Estate’s acquisition of Prime Kapital gets strong shareholder backing
Property group Attacq and Argosy have confirmed their support for the transaction
28 October 2019 - 10:45
JSE-listed property group MAS Real Estate said on Monday shareholders representing almost a third of its shares in issue have already said they will back a proposed takeover of its joint venture with Prime Kapital (PK).
MAS is seeking to bolster its operations in Eastern and Central Europe, and news in September that it was seeking to acquire PK’s management platform sent its share price up by almost a fifth...
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