Java International Sells Silvercode to Dothan for €144.5 Million

19 November 2019 – The US investment fund Dothan acquired the socimi Silvercode from Java International for 144.5 million euros. According to a statement to the MAB, the firm bought 97.32% of the company’s outstanding shares at 2.05 euros each.

Silvercode controls the Castellana 200, an office and retail complex in Madrid. Once Dothan manages to acquire the rest of the shares, the firm intends to delist the socimi from the stock market.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner