Attenbury Cyprus Limited agreed to acquire 99.5% stake in Woolworth Commercial Centre Plc (CSE:WOOC) from Woolworth (Cyprus) Properties Plc (CSE:FWW) for €11.2 million on July 20, 2015. Under the terms of the transaction, Attenbury Cyprus will acquire approximately 9.95 million shares of Woolworth Commercial Centre at a price of €1.123 per share. In a related transaction, Attenbury Cyprus Limited acquired 99.67% stake in ITTL Trade Tourist and Leisure Park Plc from Ermes Department Stores Plc (CSE:ERME) and Woolworth (Cyprus) Properties Plc (CSE:FWW) for €66.3 million on July 23, 2015. The total amount of the disposal is €183.7 million, which includes an amount of €106.3 million being the amount of total liabilities, the responsibility for which has been undertaken by Attenbury Cyprus Limited. For 2014, Woolworth Commercial Centre Plc reported profit of €1.5 million. Andreas Neocleous & Co LLC acted as legal advisor for Atterbury.

Attenbury Cyprus Limited completed the acquisition of 99.5% stake in Woolworth Commercial Centre Plc (CSE:WOOC) from Woolworth (Cyprus) Properties Plc (CSE:FWW) on July 23, 2015.