M.R.M. SA (ENXTPA:MRM) agreed to acquire two shopping centers from Altarea SCA (ENXTPA:ALTA) for €90.4 million on July 28, 2022. The proposed acquisition was approved today by MRM's Board of Directors. It is still subject to a variety of conditions precedent, including being approved by MRM's shareholders at the extraordinary general meeting to be held in the fourth quarter of 2022.

MRM's advisors for the whole transaction are Gimar & Co (financial advisor), De Pardieu Brocas Maffei (legal advisor) and Lasaygues (notary). Bruno Romagnoli and Yannick Piette of Weil, Gotshal & Manges LLP acted as legal advisors to Altarea.