Brief: Tikehau Capital In Exclusive Negotiations To Acquire Sofidy

Selectirente SA

20/09/2018 17:00

Sept 20 (Reuters) - TIKEHAU CAPITAL SC  TKOO.PA :
    * HAS ENTERED INTO EXCLUSIVE NEGOTIATIONS TO ACQUIRE SOFIDY,
A
REAL ESTATE ASSET MANAGEMENT COMPANY MANAGING €4.8 BILLION
    * PROJECTED TAKEOVER BID ON SELECTIRENTE SHARES
    * SELECTIRENTE OFFER PRICE IS UNDER DISCUSSION
    * FOLLOWING THIS ENVISAGED OPERATION, TIKEHAU CAPITAL SHOULD
HOLD
OVER 90% OF SOFIDY'S CAPITAL.
    * VALUATION FOR 100% OF THE SHARES IN SOFIDY AMOUNTS TO
€220M,

Source text for Eikon:  ID:nBw7jd5mPa 
Further company coverage:  TKOO.PA 

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