Realites: in exclusive negotiations to sell a subsidiary

(CercleFinance.com) - Realites has announced exclusive negotiations to sell its subsidiary LWS Hospitality to PM Développement for 25 ME.


Completion is scheduled for the second half of 2024, subject to the necessary approvals.

This sale supports Réalités' refocusing on real estate.

LWS Hospitality will continue its activities with Realites now a minority shareholder, capitalizing on synergies and growth potential.

The transaction will strengthen Realites' cash position to accelerate its strategic transformation.

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