M&A Activity • Jun 15, 2011
M&A Activity
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Nexity Participations sold today its entire stake in Eurosic (32.07%) to two investors, Batipart and Predica, at €34.30 per share, ie a total amount of €195.7 million.
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A fully integrated real estate group in France, Nexity uses its comprehensive range of sector-specific expertise to serve the private individuals, companies and local authorities: property development (homes, land subdivision, offices, logistics platforms, hotels and other businesses), real estate services for private individuals and companies, franchise networks, asset management and urban regeneration. Nexity can today provide global responses to the needs of its customers all over the territory. Nexity is also present in Europe.
Nexity is listed on the SRD and on Euronext's Compartment A Member of the Indices: SBF80, SBF120, CACMid60, CAC Mid & Small and CAC All Tradable Mnemo: NXI - Reuters: NXI.PA – Bloomberg: NXI FP ISIN code: FR0010112524
NEXITY CONTACTS
| Analysts/Investors | Press |
|---|---|
| Olivier SEUX +33 (0)1 71 12 15 49 | Blandine CASTAREDE +33 (0)1 71 12 15 52 |
| Investor Relations Director | Vice-President, communication and brand strategy |
| [email protected] | [email protected] |
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