Source: WebWire

Press Release: Groupe Primonial : Altarea announces that the acquisition of Primonial cannot be completed under the pre-agreed conditions

As part of the pre completion work, of which various documentation have been communicated, Altarea realised that some of the conditions agreed upon at the time of the signing of the SPA in June 2021 were not met - in terms of substance, form and timing. Altarea deplores this situation, and will therefore not be able to complete the acquisition of Primonial as agreed with a sufficient level of legal security. Altarea will do everything in its power to assert its rights and protect its inte...Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=286013

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Andre Camo's photo - President of Groupe Primonial

President

Andre Camo

CEO Approval Rating

70/100

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