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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
Gecina governance changes said attracting takeover interest
Because of recent corporate governance changes at French REIT/SIIC Gecina, including the waning influence of former chairman and CEO Joaquin Rivero amid a legal investigation, several firms are interested in a potential takeover, say Paris real estate sources. These include Foncière des Régions where its major shareholder Charles Ruggieri knows Gecina well. None of the firms named have commented. (See upcoming PIE Editions for full story)