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Les Hotels de Paris SA Announces Merger by Absorption of Compagnie Financiere du Trocadero


Friday, 16 Nov 2012 08:36am EST 

Les Hotels de Paris SA announced that its Board of Directors and the Chairman of Compagnie Financiere du Trocadero have approved in principle the idea of a merger by absorption of Compagnie Financiere du Trocadero by Les Hotels de Paris SA. Under the terms of the proposal there would be an exchange rate of four Les Hotels de Paris SA shares for 10,000 Compagnie Financiere du Trocadero shares. The two companies plan to approve the merger/absorption on December 31, 2012. 

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