RMH Property (RMH), a subsidiary of RMB Holdings, and whose largest shareholder is the investment fund Royal Bakofeng Holdings Limited, owned by the Bafokeng tribe of South Africa, has announced that it is selling its stake in Atterbury Europe, which owns half of the malls developed by the businessman Iulian Dascălu.
The company announced that it is selling its 37.5 percent stake in Atterbury Europe for about EUR 104 million, after the company’s shareholders refused the same offer last fall.
In 2018, RMH had bought 50 percent of the shares in Atterbury Europe, and in 2019 they were reduced to 37.5 percent, after the shareholder Pareto Limited bought 25 percent of Atterbury Europe for EUR 100 million.
Source: Economica.net
