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Press Release - Sale of Atlas investments in Slovakia
Date Posted: 03/11/2009
Atlas announces today that it has signed with Pottertry Limited with its seat registered in Cyprus an agreement for the sale of its entire long-term investment interests throughout Slovakia (the "Slovakia Portfolio") comprising a 50 per cent joint venture interest with a local partner (the "Slovakia JV") in three mixed use development sites as described in further detail below. Before the sale, Atlas held an interest of 50 per cent in the Slovakian Portfolio authorising Atlas to 50% of the votes at the general meeting of the entity.
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