China Re Finance has sold its 10% stake in the Logicor European industrial platform to the majority shareholder in a transaction that values the business at €7.18 billion (£6.18 billion).
CIC Buys Back 10 Per Cent Stake in Logicor for €718 Million
Acquisition From CIC Subsidiary China Re Values European Industrial Giant at €7.18 Billion
By Paul Norman
CoStar News
September 7, 2021 | 12:45 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Blackstone Properties
Real Estate