Rivero guarantees led to French Gecina departure
30 March 2012, 11:18 AM
French REIT/SIIC Gecina Chairman Bernard Michel says the group was only made aware in the past month of unauthorised loan guarantees issued in 2009-2010 by predecessor Joaquin Rivero, who resigned from the board this week as a consequence.
- French Gecina raises 2014 forecast, to contest Rivero guarantees
- French Gecina to cut housing further, Rivero not replaced
- Rivero-Soler era ends at French Gecina as Blackstone, CDPQ take seats
- Rivero's Bami files for bankruptcy, Gecina unaffected
- Paris court sentences ex-Gecina CEO Rivero to three years' jail
- French Gecina selective on ¤1bn investment plans - chairman
- Gecina offers Rivero-Soler board seats to Blackstone, CDPQ
- Rivero leaves French Gecina board, as profit halves
- French Gecina to be net seller in 2011 after CEO change
- French Gecina says CEO change does not imply dismantling
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