No Image

Redefine will purchase 75% shares of A4 Business Park

March 2, 2016 Katowice the City 0

South African’s Redefine announced the conclusion on Tuesday of a share purchase and subscription agreement with Echo Investment and Echo Prime Properties (EPP). In terms of the transaction agreement, Redefine will acquire 75% (plus one share) of the issued share capital of EPP, which indirectly owns a portfolio of prime real estate assets throughout …

No Image

Will Griffin change Echo strategy?

April 8, 2015 Katowice the City 0

A few weeks ago, Michał Sołowow, the largest single shareholder of Echo Investment – one of the largest development companies in the CEE region, confirmed to sign an agreement with Griffin Topco III (a subsidiary of Oaktree) and a PIMCO fund regarding the acquisition of a 41,55% stake in Echo Investment. Market experts try to answer what will be the future of Echo’s projects after the take over.

Oaktree, managing …

No Image

Project of sales contract of PKS initialed

December 23, 2011 Katowice the City 0

The Ministry of Treasury (MSP) and GC Investment have initialed a project of sales agreement of „Przedsiębiorstwo Komunikacji Samochodowej w Katowicach S.A.” (PKS, Motor Transport Company). The agreement concerns a purchase of 85% of shares of PKS wholly owned by the State Treasury.

The selling of shares to the private investor is part of privatization process of the …