Terreïs : Ovalto on track to own 96.4% of Terreïs’ capital before a very likely squeeze out tender offer
>Results of Terreïs’ public share buyback tender offer - Terreïs just issued a press release stating that, following the public share buyback tender offer, which closed on 23 July 2019, the company would buy back 11,326,656 of its own shares (including ordinary shares and preference shares), representing 44.1% of its capital, for a total amount of over € 392m.Under the public share buyback tender offer, which opened from 3 July 2019 to 23 July 2019 (inclusive), t...Terreis a property management company. Co. specializes in acquiring, managing or building properties which generate rental income. Co.'s portfolio consists mainly of office and retail premises essentially located in Paris, France. For commercial premises, priority is given to properties with uncapped rent (travel agencies, estate agencies, professional practices) located in the main commercial districts right in the heart of the city center. For offices, Co. excludes high-rise buildings from its portfolio. In Paris, priority is given to historic properties in a prime location.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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