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Develia SADevelia real estate has Polish antitrust regulator's approval to acquire Bouygues Immobilier Polska
Poland's antitrust and consumer protection regulator UOKiK has given unconditional approval for a concentration involving listed real estate firm Develia's acquisition of control over Bouygues Immobilier Polska, the company said in a market filing.
In April, the company announced the signing of a preliminary agreement to purchase a 100 percent stake in Bouygues Immobilier Polska, a branch of French developer Bouygues Immobilier. The sale price is EUR 66.5 million.
The only condition for the finalisation of the agreement was to obtain the concentration approval of the head of Poland's antitrust and consumer protection regulator UOKiK.
mbi/ ao/