PAI Partners in talks to buy Kaufman et Broad majority stake at 55 eur/share |
|
|
|
Published
:
Thu, 17 May 2007 08:21
|
PARIS (Thomson Financial) - French private equity group PAI Partners said it is in exclusive talks to buy a majority stake in Paris-listed housebuilder Kaufman et Broad SA at a price of 55 eur per share.The talks follow a firm offer made by PAI to US parent company KB Home and Guy Nafilyan, chairman of the French business, with a view to the acquisition of at least 50.01 pct of Kaufman et Broad's capital.If agreement is reached, PAI plans to make an offer to minority shareholders as soon as possible after the acquisition of a majority stake, it said.Andrew.Newby@Thomson.comanCOPYRIGHTCopyright 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.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2792.28 |
22.57 (
0.81 %)
|
| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
|
|
CARNIVAL
(
11:35am )
|
|
2017.00 |
46.00 (
2.42 %)
|
|
WHITBREAD
(
11:35am )
|
|
1662.99 |
33.99 (
2.09 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
|
Print this Story
KB Home gets offer for French unit 