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New Deal


Announced

Tikehau Capital made a tender offer for Selectirente shares for EUR 89.0 per share from Sofidy

Financials

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Transaction Value£130m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

commercial leasehold property

Friendly

Acquisition

Public

Tender Offer

Single Bidder

Pending

Commercial REITs

Private Equity

Synopsis

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Tikehau Capital made a tender offer for Selectirente, a property company specialised in commercial leasehold property, focusing on city centre premises and, to a lesser extent, peripheral areas, shares for EUR 89.0 per share from Sofidy. Tikehau Capital recognizes the quality of Selectirente’s management team and asset portfolio, as well as their development potential within the Tikehau Capital group, and is considering options for growing this vehicle.

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