EPP N.V. (JSE:EPP) agreed to acquire Poznan Zonkil S A on December 22, 2017. EPP N.V. (JSE:EPP) entered into a preliminary acquisition agreement to acquire Poznan Zonkil S.A. for €91.1 million on May 29, 2018. A final share purchase agreement will be concluded between the parties on the closing date on the same terms as the preliminary acquisition agreement. The acquisition will be funded through a combination of debt, existing cash resources and the balance by way of an equity capital raise of about €45-million. The shopping mall generates a rent of €13 per square meter for 45,353 square meters. The transaction is subject to approval of Office of Competition and Consumer Protection (UOKiK). The transaction is expected to close on July 25, 2018 but no later than July 27, 2018. Michal Bieniak, Aleksandra Bieniak and Jakub Derulski of Michal Bieniak Law Firm acted as legal advisor for seller. Rafal Zieba, Pawel Cholewinski, Kamil Osinski and Pawel Mardas of KZP acted as legal advisor for EPP.