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BRIEF-Tikehau Capital ‍Announces Sale Of Its Stake In Nafilyan & Partners To Immobel
December 4, 2017 / 7:40 AM / 8 days ago

BRIEF-Tikehau Capital ‍Announces Sale Of Its Stake In Nafilyan & Partners To Immobel

Dec 4 (Reuters) - TIKEHAU CAPITAL SC:

* ‍ANNOUNCES SALE OF ITS STAKE IN NAFILYAN & PARTNERS IN THREE STAGES​

* ‍SALE TO BELGIAN PROPERTY DEVELOPER IMMOBEL​

* THE TRANSACTION, IF COMPLETED, SHOULD DELIVER FOR TIKEHAU CAPITAL AN ESTIMATED MULTIPLE OF 3X BASED ON CURRENT FORECASTS‍​

* ‍IMMOBEL WILL ACQUIRE A FURTHER 36% OF FRENCH GROUP DURING 2019 FINANCIAL YEAR ​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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