PropertyEU

FdR prepares takeover of Fonciere Paris France

By A staff reporter 2011-07-27T00:00:00

French listed office property giant Foncière des Régions has made an offer for its smaller peer Foncière Paris France (FPF) that values FPF at EUR 440 mln excluding assumed debt. In a statement on Wednesday, Metz-based FdR said it has already signed an agreement with four shareholder groups representing around ...

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