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NEPI, Rockcastle Close Merger Agreement
12.14.2016
South-African investment fund New Europe Property Investments (NEPI), present on the Romanian market, and South-African group Rockcastle, closed an agreement for their merger in an entity newly-incorporated in the Isle of Man, named NEPI Rockcastle PLC, to be implemented with reference to an effective share swap ratio of 4.5 existing Rockcastle shares for every 1 existing NEPI share.
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