It appears that, for instance, Salla Suonperä, the Country Director for Citycon in Finland, sits on the board of the potential buyer, Noga Finland Retail Properties Oy.
Quite a situation indeed. G City / its affiliates are simultaneously buying Citycon shares at €2.90, which corresponds to approximately 44% of the EPRA NTA of €6.57 (as of June 30, 2026), and are (possibly) buying properties from Citycon at the latest estimated fair value. Safeguarding the interests of the shareholders is an independent board that has blessed both of the aforementioned actions.
Ote kaupparekisteristä Noga Finland Retail Properties Oy.pdf (116.8 KB)