• POSITIVE for the CoC Put @ 101
  • Vukile have agreed to sell their 28.8% stake in LAR to the bidding consortium
  • They negotiated a higher price with Hines who are clearly showing real motivation to get this deal done.
  • Hines are now offering EUR8.30 vs 8.10 previously

REAL ESTATE: Lar Espana (LRESM BBB *-): Takeover Getting Closer

Last updated at:Oct-03 06:24By: David Hayes
  • POSITIVE for the CoC Put @ 101
  • Vukile have agreed to sell their 28.8% stake in LAR to the bidding consortium
  • They negotiated a higher price with Hines who are clearly showing real motivation to get this deal done.
  • Hines are now offering EUR8.30 vs 8.10 previously