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ANF Immobilier SA Announced Exclusive Discussions With Fonciere des Murs SCA and La Francaise REM to Sell Chain Of Hotels


Wednesday, 20 Jun 2012 01:00am EDT 

ANF Immobilier SA announced that it has entered into discussions with Fonciere des Murs SCA and La Francaise REM to divest 160 hotels managed by B & B. To achieve this real estate investment, Fonciere des Murs SCA and La Francaise REM will form a partnership with 50/50 term. The financial terms of the deal were not disclosed. 

Company Quote

17.75
0.23 +1.31%
11:35am EDT