CITY PLAZA signed an agreement to acquire 99% stake in Ramstore Macedonia DOO from Migros Ticaret A.S. (IBSE:MGROS) for €39.2 million on March 9, 2021. The transaction is subject to legal approvals, customary closing conditions and regulatory approval. The transaction is expected to close in the second quarter of 2021. Sera Somay and Nazli Bezirci of Paksoy Ortak Avukat Burosu acted as legal advisors for Migros Ticaret.