Brief: BF Holding Unit To Make Partial Spin-Off Of 21 Properties

BF SpA

20/12/2017 09:05

Dec 20(Reuters) - BF HOLDING SPA  BFG.MI : 
    * SAID ON TUESDAY UNIT BONIFICHE FERRARESI HAS APPROVED THE 
PROJECT FOR THE PARTIAL SPIN OFF OF 21 PROPERTIES IN THE AREZZO 
PROVINCE 
    * ASSETS TO BE TRANSFERRED TO NEWLY CREATED COMPANY 
LEOPOLDINE 
    * TRANSACTION EXPECTED TO BE EFFECTIVE AS OF MARCH 31, 2018 
    * ALL LEOPOLDINE SHARES WILL BE ASSIGNED TO BF HOLDING 
    * IS EVALUATING PARTNERSHIPS IN THE REAL ESTATE SECTOR TO 
SUPPORT 
THE PARTIAL SPIN-OFF PROJECT 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA3JDnC2 
     
 Further company coverage:  BFG.MI   
   
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))