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Avenir Finance acquires Inovalis's real estate operations; appoints Stephane Amine chairman and chief executive


Thursday, 17 Jul 2014 08:00pm EDT 

Avenir Finance SA:Says shareholders approved acquisition of Inovalis's real estate operations (France and Germany).Shares of Realista, Inoprom, Inovalis AM and Inovalis PM will be transferred to Avenir Finance.In exchange Inovalis will receive 5,154,844 new Avenir Finance shares and will become Avenir Finance's main shareholder will 66 pct stake.Says it appointed Stephane Amine chairman and chief executive. 

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8.31
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12:35pm EDT