Brief: Mercialys Announces Acquisition Of Imocom Partners

Mercialys SA

12/09/2023 17:02

Sept 12 (Reuters) - Mercialys Sa  MERY.PA :
    * MERCIALYS RAMPS UP ITS DEVELOPMENT WITH THE ACQUISITION IN
TWO
PHASES OF THE INVESTMENT MANAGEMENT COMPANY IMOCOM PARTNERS, THE
FRENCH RETAIL PARK MARKET LEADER
    * IN 2023, IMOCOM PARTNERS' SHAREHOLDERS WILL SELL 30% OF
ITS
CAPITAL TO MERCIALYS FOR A PRICE OF EURO 7 MILLION
    * REMAINING 70% WILL BE ACQUIRED BY MERCIALYS DURING FIRST
HALF OF
2025 FOLLOWING AN INTERIM PERIOD
    * EACH OF THESE TWO STAGES IS SUBJECT TO PRIOR AUTHORIZATION
FROM
FRENCH FINANCIAL MARKETS AUTHORITY (AMF)
    * THROUGH THIS OPERATION, MERCIALYS WILL BENEFIT FROM
REVENUES
GENERATED BY INVESTMENT MANAGEMENT COMPANY'S ACTIVITY - CEO

Source text for Eikon:  ID:nBw6NVktya 
Further company coverage:  MERY.PA 

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