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Vastned Retail Intends To Make Conditional Takeover Bid For Vastned Retail Belgium Shares


Monday, 15 Jan 2018 01:10am EST 

Jan 15 (Reuters) - VASTNED RETAIL N.V. ::ANNOUNCED ON SUNDAY INTENTION TO MAKE A VOLUNTARY AND CONDITIONAL PUBLIC TAKEOVER BID OF EUR 57.50 PER SHARE IN CASH FOR ALL NOT OWNED SHARES IN VASTNED RETAIL BELGIUM NV.CO DIRECTLY AND INDIRECTLY HOLDS 65.49% OF SHARES IN VASTNED RETAIL BELGIUM NV .PROPOSES TO CONVERT VASTNED RETAIL BELGIUM FROM A PUBLIC REGULATED REAL ESTATE COMPANY INTO SPECIALISED REAL ESTATE INVESTMENT FUND.IN CASE OF CONVERSION, STOCK LISTING OF VASTNED RETAIL BELGIUM WILL BE CANCELLED. 

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