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Icade — M&A Activity 2017
Dec 7, 2017
1424_iss_2017-12-07_a7da8e38-34c7-45cf-8062-a087dbb7ad38.pdf
M&A Activity
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Paris, December 7, 2017, 6:00 p.m.
ICADE: SUCCESS OF THE SIMPLIFIED PUBLIC TENDER OFFER FOR ANF IMMOBILIER SHARES
Icade today announced the outcome of its simplified public tender offer for ANF Immobilier shares opened on November 16, 2017.
According to the results published today by the French Financial Markets Authority (AMF), a total number of 5,275,283 shares was purchased in the offer.
Icade now owns 16,091,464 ANF Immobilier shares representing the same number of voting rights, i.e. 84.65% of the share capital and at least 84.28% of the voting rights in this company (1) .
The offer comes after Icade acquired Eurazeo's controlling interest in ANF Immobilier on October 23, 2017. As announced on November 30, 2017, ANF Immobilier has also concluded the sale of its portfolio of residential and retail property assets in Marseille and Lyon to two companies managed by Primonial REIM.
Icade welcomes the successful outcome of this transaction, which enables the company to step up the implementation of its strategic plan.
(1) Based on a share capital of 19,009,271 shares representing 19,092,888 voting rights, in accordance with the 2 nd alinea of article 223-11 of the AMF General Regulation.
ABOUT ICADE
Building for every future
As an investor and a developer, Icade is an integrated real estate player which designs innovative real estate products and services adapted to new urban lifestyles and habits. By placing corporate social responsibility and innovation at the core of its strategy, Icade is closely involved with stakeholders and users in the cities local authorities and communities, companies and employees, institutions and associations… As a commercial and healthcare property investor (portfolio value of €9.9bn as of 06/30/17) and as a property developer (2016 economic revenues of €1,005m), Icade is able to reinvent the real estate business and foster the emergence of tomorrow's greener, smarter and more responsible cities. Icade is a significant player in the Greater Paris area and major French cities. Icade is listed on Euronext Paris as a French Listed Real Estate Investment Company (SIIC). Its leading shareholder is the Caisse des Dépôts Group.
The text of this press release is available on the Icade website: www.icade.fr
CONTACTS
Guillaume Tessler, Head of financial communication and investor relations +33(0)1 41 57 71 61 [email protected]
Charlotte Pajaud-Blanchard, Press relations manager +33(0)1 41 57 71 19