Estavis AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Edison Investment Research
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ESTAVIS AG to Acquire 80% of Shares in J2P Real Estate AG
ESTAVIS AG announced that it has decided to acquire 80% of the shares of J2P Real Estate AG. Based in Chemnitz, Saxony, the property company holds a portfolio of 160 residential units in Chemnitz and surrounding areas. The purchase price in a total amount of EUR 1.45 million will be paid in the form of a cash component of EUR 1.015 million and through the issuance of 174,000 shares of ESTAVIS AG stock denominated at EUR 2.50 each, which are to be created through an increase in kind.
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