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Inmobiliaria Colonial Proposes Merger with Subsidiary SFL

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Inmobiliaria Colonial Proposes Merger with Subsidiary SFL

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The latest update is out from Inmobiliaria Colonial ( (ES:COL) ).

Inmobiliaria Colonial has announced plans for a potential merger with its subsidiary Société Foncière Lyonnaise (SFL), setting an exchange ratio of 13 Colonial shares for each SFL share and an exit price of 77.5 euros for dissenting shareholders. This merger, subject to various approvals, aims to streamline operations and enhance Colonial’s market position, with financial advisement from Morgan Stanley and Rothschild & Co.

More about Inmobiliaria Colonial

Inmobiliaria Colonial is a leading real estate company operating in the European market, primarily focusing on the management and development of high-quality office properties. The company is recognized for its significant presence in major cities, including Paris, Madrid, and Barcelona, catering to a range of clients seeking premium office spaces.

YTD Price Performance: 7.37%

Average Trading Volume: 136,186

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €3.44B

Find detailed analytics on COL stock on TipRanks’ Stock Analysis page.

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