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Citycon Oyj — M&A Activity 2011
May 2, 2011
3215_rns_2011-05-02_b3ae31d2-91d9-4e8f-b9fe-0bd191736bde.html
M&A Activity
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Citycon's Shopping Centre Acquisition in Tallinn finalised
Citycon's Shopping Centre Acquisition in Tallinn finalised
CITYCON OYJ Stock Exchange Release 2 May 2011 at 14:10 hrs
On 17 March 2011, Citycon announced the signing of an agreement to acquire
Kristiine shopping centre in Tallinn, Estonia for EUR 105 million. Closing and
payment of such transaction took place today. The transaction has been
described in greater detail in the company's stock exchange release issued on
17 March 2011.
Citycon now owns and manages a total of 35 shopping centres and 46 other retail
properties in Finland, Sweden, Estonia and Lithuania.
Helsinki, 2 May 2011
CITYCON OYJ
Marcel Kokkeel
CEO
For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 20 766 4521 or +358 40 154 6760
[email protected]
Harri Holmström, Vice President, Baltic Operations
Tel. +358 207 664 418 or +358 40 845 5726
[email protected]
Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com