Inmobiliaria Colonial ( (ES:COL) ) has shared an update.
Inmobiliaria Colonial has announced a merger with Société Foncière Lyonnaise, where Colonial will absorb SFL, transferring all assets and obligations. The merger, subject to shareholder approval and regulatory confirmations, is structured with a set exchange ratio and exit price, deemed fair by independent financial experts, enhancing Colonial’s market presence and operational scale.
More about Inmobiliaria Colonial
Inmobiliaria Colonial, SOCIMI, S.A. is a prominent player in the real estate industry, focusing on investment and management of prime office properties primarily in major European cities. The company is known for its strategic market positioning and commitment to sustainable urban development.
YTD Price Performance: 10.52%
Average Trading Volume: 163,346
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.55B
Find detailed analytics on COL stock on TipRanks’ Stock Analysis page.