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Excem’s Shareholders Accept Narbón’s Proposal to Purchase the Socimi

Narbón's proposal amounts to 1.20 euros per share, which values Excem SIR at 16.3 million euros.

Salida a bolsa de Excem 2 1024x684 1
The stock market debut of the Socimi Excem SIR.

All the shareholders of Excem Capital Partners SIR have accepted the proposal from Narbón SL for its acquisition of the Socimi specialising in the purchase, renovation, decoration, integral management and disinvestment of residential assets aimed at students and young professionals, as reported by the company to BME Growth.

Specifically, Narbón’s proposal amounts to 1.20 euros per share, which values the company at 16.3 million euros. It should be noted that this price of 1.20 euros per share represents a premium of 84.6%, since Excem SIR’s shares are currently trading at 0.65 euros.

Read the full article in Spanish.

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