Competition is notified of the purchase of the Fidelidade portfolio

Competition is notified of the purchase of the Fidelidade portfolio

 

The CA was already notified on June 19 about the deal through which Apollo should purchase this set of properties. 70% of them have residential use, according to Negócios, source according to which the portuguese insurance company expects to get €400 million with the sale.

Three interested parties presented themselves to this purchase. In addition to Apollo, also Orion Capital Managers and Oaktree Capital Management made offers, but Apollo was the chosen one.

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