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Inmobiliaria Colonial, SOCIMI, S.A. (COL.MC)

MCE - MCE Delayed price. Currency in EUR
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7.78-0.07 (-0.96%)
At close: 05:35PM CET
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  • Business Wire

    Colonial Increases Its Stake in SFL

    The Colonial Group has approved a simplification of the shareholding structure of its subsidiary SFL which reinforces its Real Estate exposure in Paris and consists in:

  • Reuters

    Spain's Colonial to buy French unit SFL in 800 million euro deal

    MADRID (Reuters) -Spain's Inmobiliaria Colonial on Thursday said it would submit a voluntary takeover offer to buy up to 100% of French subsidiary Societe Fonciere Lyonnaise (SFL) for 806 million euros ($977 million). In the first stage of the two-step deal, Colonial will buy the 13% stake in SFL held by Credit Agricole's Predica subsidiary for 592 million euros. "This is a way to buy what everybody wants to buy but nobody is able to - high-quality, scarce assets," Colonial Chief Executive Pere Vinolas said on a conference call.