Friday 22 June 2018

Qatar Holding to buy stake in French firm

Paris, April 30, 2014

Qatar Holding has agreed to pay 136.9 million euros ($189 million) for Unibail-Rodamco's 7.25 percent shareholding in French property company Societe Fonciere Lyonnaise, a report said.

The sale price is the equivalent of 40.06 euros a share and the deal will be completed on May 5, the Bloomberg report said quoting Paris-based Unibail-Rodamco's statement.

 SFL invests mainly in Paris office buildings. its largest shareholder is Barcelona-based Inmobiliaria Colonial SA, according to data compiled by Bloomberg.

Tags: Qatar Holding |

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