PropertyEU

Icade takes over Opera Construction

By A staff reporter 2007-04-27T00:00:00

Icade's subsidiary Icade Capri has agreed with the Danner family, Opera Construction’s majority shareholder, to take over 100% of Opera Construction for EUR 56 mln. Icade will purchase 1,741,424 shares, or 69.3% of Opera Construction at a price of EUR 22 per share and 140,000 share subscription coupons for a ...

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