June 21, 2017 / 5:42 AM / 2 months ago

BRIEF-Eurosic signs agreement with Gecina regarding acquisition by Gecina

June 21 (Reuters) - EUROSIC SA

* SAYS GECINA ANNOUNCED SIGNING OF AGREEMENTS WITH CERTAIN SHAREHOLDERS OF EUROSIC REGARDING ACQUISITION OF 94.8 PERCENT OF EUROSIC'S CAPITAL

* AGREEMENT THROUGH ACQUISITION OF 85.3 PERCENT OF EUROSIC SHARE CAPITAL AT PRICE OF EUR 51.0/SHARE AND OSRA‍​

* AGREEMENT THROUGH EXCHANGE OF 9.5% OF EUROSIC CAPITAL ON THE BASIS OF OF AN EXCHANGE PARITY OF 7 GECINA SHARES FOR 20 EUROSIC SHARES‍​

* AT REQUEST OF GECINA, EUROSIC WILL DIVEST ITS HOLDINGS IN CERTAIN DIVERSIFICATION COMPANIES NOT CORRESPONDING TO GECINA'S STRATEGY; BATIPART GROUP TO PURCHASE THEM FOR EUR 463 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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