trending Market Intelligence /marketintelligence/en/news-insights/trending/ysge4nipoo69cc9tne7vug2 content esgSubNav
In This List

Covivio, Beni Stabili shareholders approve merger

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Covivio, Beni Stabili shareholders approve merger

Covivio and Beni Stabili SpA SIIQ shareholders approved the companies' proposed merger at separate extraordinary special meetings on Sept. 6 and Sept. 5, respectively.

The French diversified real estate investment trust will exchange 8.5 of its shares for each 1,000 Beni Stabili shares. The merger was approved by more than 99% of each company's votes.

At the meeting, shareholders also approved Covivio's name change from Foncière des Régions.