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G City Ltd. Completes Tender Offer for Citycon Oyj Shares

G City Ltd. has announced the final result of its unconditional voluntary public cash tender offer for all remaining shares in Citycon Oyj. The offer period concluded on August 31, 2026.

31 August 2026
G City Ltd. Completes Tender Offer for Citycon Oyj Shares
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G City Ltd. has concluded its public cash tender offer for shares in Citycon Oyj. The offer period ended on August 31, 2026, and G City Ltd. has now announced the final results of the offer.

This transaction signifies a notable shift in Citycon's ownership structure. G City Ltd.'s objective was to acquire all of the company's issued and outstanding shares through the tender offer. Specific details regarding the final outcome, such as the number of shares tendered and the completion of transactions, were not elaborated upon in this announcement, but the company has confirmed the conclusion of the offer period.

Citycon Oyj is a real estate company focusing on grocery-driven retail centres in the Nordic region and the Baltics. The acquisition by G City Ltd. is expected to influence the company's future strategy and operations within the real estate market.

Further details concerning the specifics of the offer and its potential implications are anticipated. G City Ltd. had previously provided updates on the progress of the tender offer.

Original source: news.cision.com