Carmila: promise to purchase 7% of Galimmo

(CercleFinance.com) - Carmila has granted an entity managed by Primonial REIM France a unilateral commitment to purchase its stake of around 7% in Galimmo SCA, exercisable until July 30 for around 27 million euros (11.
93 euros per share).

This agreement follows that announced on July 12, 2023, for the acquisition of the stake held by Galimmo SCA's controlling shareholders (representing 93% of the capital and voting rights), which is expected to take place today.

If the promise is exercised, Carmila will hold 99.9% of Galimmo SCA's capital, representing a total investment of 299 million euros, and will file a public offer followed by a squeeze-out in the coming weeks.

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