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Global Investment Services SA to Merge with Aeolian Investment Fund SA

Tuesday, 19 Nov 2013 02:21am EST 

Global Investment Services SA (formerly Assya Compagnie Financiere SA) and Aeolian Investment Fund SA announced that they have signed on November 14, 2013 the Common Project of a Cross-border Merger Deal, according to which the two companies are to merge through the absorption of Aeolian Investment Fund SA by Global Investment Services SA. The project is to be investigated by the French and Greek regulatory bodies. The exchange ratio for shares was set at two Global Investment Services SA's shares for five Aeolian Investment Fund SA's shares, without complementary cash payment. As a result, the shareholders of Aeolian Investment Fund SA shall be granted 1,242,696 Global Investment Services SA's existing shares and its 1,884,742 new shares to be issued through the capital increase. 

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