Societe de la Tour Eiffel : The Paris Court of Appeal dismisses the application filed by MI 29 to suspend the SMABTP tender o...
10 April 2014 - 7:26PM
Société de la Tour Eiffel acknowledges the ruling of the Paris
Court of Appeal which has dismissed the application filed by MI29
to suspend the SMABTP tender offer.
SMABTP is, now, in a position to increase its
offer as announced on 2 April 2014. The Société de la Tour Eiffel's
Board of Directors, which had expressed in its reasoned opinion its
wish for improved financial terms of the offer, will convene again
to give its recommendation regarding the revised offer once it has
been filed.
About Société de la Tour
Eiffel
A listed real estate investment company (SIIC)
on NYSE Euronext Paris, the company pursues a strategy focused on
investing in areas with high potential and the provision of new
buildings leased to quality covenants. At 31 December 2013
its portfolio stood at € 701 million of assets located primarily in
the Paris region.
The shares of Société de la Tour Eiffel are
listed on NYSE Euronext Paris (Eurolist B) - ISIN Code: FR
0000036816 - Reuters: TEIF.PA - Bloomberg: EIFF.FP - Indexes: IEIF
Foncières, IEIF Immobilier France
Press
Contact |
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Jean-Philippe
Mocci |
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Capmot |
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www.societetoureiffel.com |
Tel: +33 (0)1
71 16 19 13/+33 (0)6 71 91 18 83
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jpmocci@capmot.com |
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Société de la Tour Eiffel: ruling of the Paris Court of Appeal
http://hugin.info/143560/R/1776571/606151.pdf
HUG#1776571
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