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Exclusive Limited Time Offer Returns to St Kitts and Nevis Popular Citizenship by Investment Programme
Exclusive Limited Time Offer Returns to St Kitts and Nevis Popular Citizenship by Investment Programme
LONDON, Feb. 16, 2021 /PRNewswire/ After unprecedented demand, the Federation of St Kitts and Nevis has announced that it will be extending its limited time offer under its Citizenship by Investment Programme. The limited time offer launched last year and was initially anticipated to last only six months. Now, due to popularity, it has been extended. The Programme, introduced in 1984 after St Kitts and Nevis gained independence from the United Kingdom, offers investors a safe and secure route to second citizenship once contributing through the Sustainable Growth Fund.
GOTHENBURG, Sweden, Feb. 12, 2021 /PRNewswire/ Due to the high transaction activity in Castellum, the company has decided to postpone the publication of the annual report for the financial
Castellum divests a further 53 properties to Blackstone for SEK 4.8 billion
GÖTEBORG, Sweden, Feb. 10, 2021 /PRNewswire/
Castellum has entered into an agreement with real estate funds managed by Blackstone to divest a further 53 properties for net proceeds of SEK 4.8 billion after deductions for deferred tax and overheads of SEK 0.2 billion. The agreed property value involves a premium of 27% against the Q3 2020 valuation and 15% against the Q4 2020 valuation. Hand-over will take place on 3 May. The assets will be incorporated into Blackstone s pan-European last mile logistics platform, Mileway. Through this transaction, Castellum is continuing its strategic portfolio shift via the divestment of a mature stabilized portfolio, enabling it to expand in prime growth positions and develop the most modern and flexible logistics/warehouse offering in the Nordic region. The divestment once again demonstrates the value appreciation in our logistics portfolio. We now have a high turno
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GÖTEBORG, Sweden, Feb. 8, 2021 /PRNewswire/ Reference is made to the press release made on 7 January 2021 whereby Castellum Aktiebolag (publ) ( Castellum ) launched a conditional voluntary exchange and cash offer to acquire all outstanding shares in Entra ASA ( Entra and the Offer , respectively) pursuant to an offer document dated 7 January 2021 (the Offer Document ).
The acceptance period for the Offer expired on 6 February 2021 at 06:00 CET. Castellum has not received sufficient acceptances of the Offer in order for the minimum acceptance threshold pursuant to the Offer Document Section 4.12 (Conditions for completion of the Offer) to be met. Castellum has therefore decided to withdraw the Offer. Shareholders who have accepted the Offer are thereby released from their obligations under the Offer and all blockings of Entra shares tendered in the Offer will be released.