PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- PIE Property Debt Breakfast
20 June 2012
London
French Gecina to take full control of Gecimed unit
17 May 2011, 08:09 PM
French REIT/SIIC Gecina is to take full control of its Gecimed healthcare unit, abandoning plans to bring additional shareholders into the subsidiary and saying it is "no longer relevant" to keep Gecimed as a separate listed structure. With a 98.6% stake, Gecina is proposing to buy out outstanding stock by a public offer followed by a squeeze-out of remaining shareholders.
Similar articles:
- French Gecina to be net seller in 2011 after CEO change
- French Gecina 1Q profit down on debt costs
- Spain’s Metrovacesa in ¤1.95bn debt-equity swap
- French Gecina removes CEO Clamageran over strategy
- French Gecina to boost disposals after CEO change
- French Gecina confirms ¤300m yearly residential sales target
- Rivero guarantees led to French Gecina departure
- Gecina ¤209m Paris sale in line with 2011 target
- French Gecina to cut housing further, Rivero not replaced
- French Gecina disposals reach ¤559m
For more Property Investor Europe news, click thru to our News archive.