Astroc, Aisa agree to merge; to approve conditions next month - report |
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Published
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Thu, 13 Sep 2007 08:16
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MADRID (Thomson Financial) - Astroc Mediterraneo SA and Catalan property group Aisa have agreed on terms to merge, and could close the deal as soon as mid-October, La Gaceta de los Negocios reported, citing unnamed sources at Astroc.The two realtors' management met yesterday to discuss the matter.According to the newspaper, the tie-up is likely to happen after Astroc completes its merger with Rayet Promocion and Landscape.Astroc is due to hold a board meeting on Sept 26.tfn.europemadrid@thomson.comccs/jdy/slmCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Astroc confirms meeting with Aisa today 