Poland-focused retail real estate owner EPP's board of directors has decided that, to facilitate a restructuring to bolster its balance sheet and reduce the company's gearing, it would be in the best interests of the company to seek a delisting of its shares from the JSE and the Luxembourg Stock Exchange (LuxSE). Further, real estate investment trust Redefine Properties has proposed potentially acquiring all EPP shares it does not already own through a share swap at a ratio of 2.70 Redefine shares per EPP share to be acquired.
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