United Urban Investment Corporation (TSE:8960) agreed to acquire 10% stake in Trust beneficial interest in Osaka Bay Tower from Ganges specific purpose company for ¥2.6 billion on March 16, 2023. The payment will be settled in a lump-sum borrowing upon the delivery of the Asset to be Acquired. The transaction is expected to close on March 20, 2023.
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- United Urban Investment Corporation agreed to acquire 10% stake in Trust beneficial interest in Osaka Bay Tower from Ganges specific purpose company for ¥2.6 billion.