German DEGI puts Mall of Sofia deal on the back burner

Posted on 27th November 2008 by Golden Sands Apartments in Golden Sands Apartments
German property investment firm DEGI has postponed the purchase of Mall of Sofia, SeeNews Corporate Wire reported, quoting company information. The hazy financial environment has prompted the company to put off the deal until firstquarter 2008.The news that DEGI was preparing to acquire Sofias flagship bigbox shopping centre was broken by the antitrust commission in early October. The regulator was to have a say on the deal.
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