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Prelios SpA (PCRE.MI)

PCRE.MI on Milan Stock Exchange

0.12EUR
17 Nov 2017
Change (% chg)

€0.00 (+0.09%)
Prev Close
€0.12
Open
€0.12
Day's High
€0.12
Day's Low
€0.12
Volume
1,789,067
Avg. Vol
5,908,884
52-wk High
€0.12
52-wk Low
€0.07

Latest Key Developments (Source: Significant Developments)

Prelios 9-mth net loss shrinks to EUR 23.4 ‍​mln
Tuesday, 14 Nov 2017 11:16am EST 

Nov 14 (Reuters) - PRELIOS SPA ::9-MONTH REVENUE EUR ‍​53.2 MILLION VERSUS EUR 51.3 MILLION YEAR AGO.9-MONTH NET LOSS EUR 23.4 ‍​MILLION VERSUS LOSS EUR 24.1 MILLION YEAR AGO.  Full Article

Banco BPM CEO says to pick new insurance partner in October
Friday, 15 Sep 2017 06:56am EDT 

Sept 15 (Reuters) - Banco BPM CEO Giuseppe Castagna says::About to invite bids to sell two portfolios of unsecured loans worth 2 billion euros, there could be 40-50 potential bidders .Hopes to close sale of the two portfolios by year-end .Hired Prelios to conduct due diligence on 3-3.2 billion euro portfolio of both secured and unsecured loans to be sold in first few months of 2018.Expects four binding offers for new bancassurance accord by the end of month, to pick new partner by end-October but will then need regulatory approval.  Full Article

Prelios SGR finalizes two real estate acquisitions in Rome and Milan
Tuesday, 8 Aug 2017 04:25am EDT 

Aug 8 (Reuters) - PRELIOS SPA ::PRELIOS SGR FINALIZES TWO REAL ESTATE ACQUISITIONS IN ROME AND MILAN.THE TWO OPERATIONS INCREASE BY ABOUT 100 MILLION EUROS PRELIOS SGR ASSETS UNDER MANAGEMENT.  Full Article

Burlington raises price in Prelios stake purchase to 0.116 euros per share
Thursday, 3 Aug 2017 12:54am EDT 

Aug 3 (Reuters) - Intesa Sanpaolo says::Burlington Loan Management increases price per share of purchase of Prelios stake to 0.116 euros per share.  Full Article

Investors in Italy's Prelios reject CEFC's offer on real estate group
Monday, 31 Jul 2017 01:22am EDT 

Intesa Sanpaolo, UniCredit, Pirelli & C. and Fenice say::will not follow up the offer of CEFC to buy their stakes in Italian real estate company Prelios.CEFC's offer is not accompanied by banking documents confirming availability of funds to pay offered price.CEFC's offer provides for further conditions that are such as not to trigger the procedure which entitles the sellers to withdraw from agreement already signed with Burlington Loan Management.  Full Article

CEFC Group submits binding offer to buy 44.9 pct of Prelios
Friday, 28 Jul 2017 05:25am EDT 

July 28 (Reuters) - PRELIOS SPA ::CEFC GROUP SAYS IT HAS SUBMITTED BINDING OFFER TO INTESA SANPAOLO <<>>, PIRELLI, UNICREDIT <<>> AND FENICE TO BUY 44.9% SHARE CAPITAL OF PRELIOS.PRICE OF CEFC GROUP BINDING OFFER IS EUR 0.116 PER SHARE.CEFC GROUP SAYS PRICE PER SHARE OFFERED REPRESENTS A 10.48% PREMIUM ON THE PRICE OFFERED BY BURLINGTON nI6N1JX01E.IF BINDING OFFER IS ACCEPTED, CEFC GROUP WILL LAUNCH MANDATORY TENDER OFFER TO BUY ALL OUTSTANDING SHARES OF PRELIOS AT OFFER PRICE.  Full Article

Prelios H1 net loss shrinks to EUR 8.8 mln
Thursday, 27 Jul 2017 11:41am EDT 

July 27 (Reuters) - PRELIOS SPA ::H1 REVENUE EUR 35.1 MILLION VERSUS EUR 34.1 MILLION YEAR AGO.H1 NET LOSS EUR 8.8 MILLION VERSUS LOSS EUR 23.3 MILLION YEAR AGO.CONFIRMS 2017 TARGETS.  Full Article

Intesa Sanpaolo says Burlington Loan Management to buy 44.9 pct of Prelios
Wednesday, 26 Jul 2017 01:32am EDT 

July 26 (Reuters) - Prelios Spa ::Intesa Sanpaolo <<>> says Burlington Loan Management DAC signs deal to buy 44.86 percent of Prelios.Intesa says Prelios shares bought by Burlington are being sold by Pirelli, Intesa, UniCredit <<>> and Fenice.Intesa says Prelios shares to be sold to Burlington at 0.105 euros per share for total of 64.25 million euros.  Full Article

Prelios unit to manage two shopping centers in Hanover and in Velbert
Thursday, 13 Jul 2017 05:56am EDT 

July 13 (Reuters) - PRELIOS SPA ::UNIT PRELIOS IMMOBILIEN MANAGEMENT TO MANAGE TWO SHOPPING CENTERS IN HANOVER AND IN VELBERT.  Full Article

Intesa Sanpaolo, UniCredit and Pirelli say reports of sale of Prelios stake "inaccurate"
Wednesday, 28 Jun 2017 03:40pm EDT 

June 28 (Reuters) - Intesa Sanpaolo, UniCredit and Pirelli say in a joint statement::reports of sale of their stake in Prelios "inaccurate", matter under discussion but neither concrete nor certain.in the event an agreement is reached, the market will be promptly informed.Shares in Italian asset manager Prelios shot up 10 percent on strong volumes and were suspended from trading on Wednesday after a report in the local press about a bid from Chinese conglomerate CEFC. nI6N1J602M.  Full Article

BRIEF-Prelios 9-mth net loss shrinks to EUR 23.4 ‍​mln

* 9-MONTH REVENUE EUR ‍​53.2 MILLION VERSUS EUR 51.3 MILLION YEAR AGO