Brief: Banimo: Approval of the Urbanove judicial reorganisation

Banimmo SA

23/12/2016 07:26

Dec 23 (Reuters) - Banimmo SA  BANI.BR : 
    * Banimmo has been informed by Urbanove shopping development of a decision by majority of 
its creditors to approve judicial reorganisation of the group 
    * The approval of the Urbanove judicial reorganisation marks a major step forwards for 
Banimmo 
    * Reorganization will be ratified by Brussels Trade & Commerce Tribunal in early January 
    * Reorganisation involves takeover of "Côté Verre" project in Namur by Besix red and "Au fil 
de l'eau" project in Verviers by city mall 
 
Source text for Eikon:  ID:nGNE5rdzqZ  
Further company coverage:  BANI.BR  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))