R7.2bn EPP takeover to benefit Redefine Properties

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The deal protects Redefine’s carrying value in EPP from dilutive value destruction

Redefine’s acquisition of Polish landlord EPP is in line with strategic objectives of reducing risk, while simplifying the company’s investment and asset portfolio, CEO Andrew Konig says.

The acquisition will also allow Redefine to have more input into EPP’s funding and liquidity management...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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