Brief: Banimmo Sells French Subsidiary To Company Managed By Montefiore Investment

Banimmo SA

27/02/2018 16:41

Feb 27 (Reuters) - BANIMMO SA  BANI.BR : 
    * SELLS FRENCH SUBSIDIARY TO COMPANY MANAGED BY MONTEFIORE 
INVESTMENT 
    * SALE OF ALL SHARES IN  BANIMMO FRANCE. 
    * PROCEEDS FROM THE SALE AND REPAYMENT OF SHAREHOLDER 
ADVANCES 
WILL PROVIDE CLOSE TO 14 MEUR OF CASH INFLOW TO BANIMMO 
 
Source text for Eikon:  ID:nGNE7g1HgB  
Further company coverage:  BANI.BR  
 
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