Banimmo raises EUR 55m in IPO early closing

By A staff reporter 2007-06-26T00:00:00

Belgian property redevelopment company Banimmo has raised its EUR 55 mln target, excluding the over-allotment option, in an early closing of its Initial Publuic Offering (IPO). The capital increase involves the issuance of 2.6 million new category A shares with tax-friendly VVPR strips, valued at EUR 21 per share. On ...

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