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BRIEF-PAREF enters into exclusivity talk with Fosun Property Holdings
February 6, 2017 / 6:17 PM / in 8 months

BRIEF-PAREF enters into exclusivity talk with Fosun Property Holdings

Feb 6 (Reuters) - PAREF SA :

* PAREF announces it enters into exclusivity talk with Fosun Property Holdings

* Fosun wants to acquire four shareholders of PAREF (APICIL, GESCO, MO1 and the Lévy-Lambert group), representing 50.01 pct of the capital and voting rights

* PAREF granted Fosun Property Holdings limited a period of exclusivity

* If negotiations are successful, acquisition will be followed by filing of a simplified tender offer at the unit price from 75 euros per share Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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