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Thursday 15 December 2011
 

Land: to simplify its structure absorbs Gecina Horizons

 
The extraordinary general meeting of shareholders of Gecina chaired by Bernard Michel, on Wednesday approved the merger of the company Horizons, announced Thursday a statement from the land
 
 
Land: to simplify its structure absorbs Gecina Horizons
 

The extraordinary general meeting of shareholders of Gecina chaired by Bernard Michel, on Wednesday approved the merger of the company Horizons, announced Thursday a statement from the land

 

Already held before the operation 100% Gecina which focused on the building of the same name, located in Boulogne-Billancourt (Hauts-de-Seine), the company now Horizonsest dissolved by operation of law without having made any closing transaction, the statement said

 

This sinscrit an approach to simplify the group structure Gecina and allows the building to bring in the tax SIIC (listed real estate investment companies), the statement said

 

With 27% of the capital, the largest shareholder of Gecina, which owns a property portfolio of 11.8 billion euro, is the group Metrovasaca Spanish property owned by banks Banco Santander, Bankia, BBVA, Banco Sabadell and Banco Popular Espanol

 

Source AFP

 
Listed in: BTP, Bank, Fusion

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