Scor Increases Stake in Real Estate Company MRM, Plans Offer for Rest

Dow Jones

2024-09-27

By Ian Walker

Scor is increasing its stake in retail real estate Company MRM and plans to make an offer to buy the rest of it in a deal that would value the business at 113.7 million euros ($127.1 million).

The French reinsurer said late Thursday that it was buying a 15.92% share of MRM from Altarea, taking its shareholding to 72.48%.

It plans to launch a tender offer to buy the rest of MRM for around 35.4 euros a share. The estimated price is in line with MRM's net asset value at June 30 and is a 142% premium over MRM's closing share price of 14.60 euros on Thursday.

The deal follows a strategic review of Scor's options for its interest in MRM, it said.

"This transaction will enable Scor to manage its retail real estate portfolio directly and will give the company greater flexibility in its asset valuation and arbitration strategy," Scor said.

The offer is conditional upon regulatory approvals and other conditions. It would be funded from available cash funds, Scor said.

Scor has been a majority shareholder of MRM since 2013. Altarea has been MRM's second largest shareholder since 2022.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

September 27, 2024 01:11 ET (05:11 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

no data

没有相关数据

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2470740951"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2470740951\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2470740951?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 13:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470740951","market":"other","top_or_hot":-1,"title":"Scor Increases Stake in Real Estate Company MRM, Plans Offer for Rest","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Ian Walker \n</p>\n<pre>\n \n</pre>\n<p>\n  Scor is increasing its stake in retail real estate Company MRM and plans to make an offer to buy the rest of it in a deal that would value the business at 113.7 million euros ($127.1 million). \n</p>\n<p>\n  The French reinsurer said late Thursday that it was buying a 15.92% share of MRM from Altarea, taking its shareholding to 72.48%. \n</p>\n<p>\n  It plans to launch a tender offer to buy the rest of MRM for around 35.4 euros a share. The estimated price is in line with MRM's net asset value at June 30 and is a 142% premium over MRM's closing share price of 14.60 euros on Thursday. \n</p>\n<p>\n  The deal follows a strategic review of Scor's options for its interest in MRM, it said. \n</p>\n<p>\n  \"This transaction will enable Scor to manage its retail real estate portfolio directly and will give the company greater flexibility in its asset valuation and arbitration strategy,\" Scor said. \n</p>\n<p>\n  The offer is conditional upon regulatory approvals and other conditions. It would be funded from available cash funds, Scor said. \n</p>\n<p>\n  Scor has been a majority shareholder of MRM since 2013. Altarea has been MRM's second largest shareholder since 2022. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ian Walker at ian.walker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 27, 2024 01:11 ET (05:11 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Scor Increases Stake in Real Estate Company MRM, Plans Offer for Rest</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nScor Increases Stake in Real Estate Company MRM, Plans Offer for Rest\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-27 13:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Ian Walker \n</p>\n<pre>\n \n</pre>\n<p>\n  Scor is increasing its stake in retail real estate Company MRM and plans to make an offer to buy the rest of it in a deal that would value the business at 113.7 million euros ($127.1 million). \n</p>\n<p>\n  The French reinsurer said late Thursday that it was buying a 15.92% share of MRM from Altarea, taking its shareholding to 72.48%. \n</p>\n<p>\n  It plans to launch a tender offer to buy the rest of MRM for around 35.4 euros a share. The estimated price is in line with MRM's net asset value at June 30 and is a 142% premium over MRM's closing share price of 14.60 euros on Thursday. \n</p>\n<p>\n  The deal follows a strategic review of Scor's options for its interest in MRM, it said. \n</p>\n<p>\n  \"This transaction will enable Scor to manage its retail real estate portfolio directly and will give the company greater flexibility in its asset valuation and arbitration strategy,\" Scor said. \n</p>\n<p>\n  The offer is conditional upon regulatory approvals and other conditions. It would be funded from available cash funds, Scor said. \n</p>\n<p>\n  Scor has been a majority shareholder of MRM since 2013. Altarea has been MRM's second largest shareholder since 2022. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ian Walker at ian.walker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 27, 2024 01:11 ET (05:11 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRM","symbol_name":"MEDIROM Healthcare Technologies, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2470740951","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470740951","pubTimestamp":1727413860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Scor is increasing its stake in retail real estate Company MRM and plans to make an offer to buy the rest of it in a deal that would value the business at 113.7 million euros .The French reinsurer said late Thursday that it was buying a 15.92% share of MRM from Altarea, taking its shareholding to 72.48%.It plans to launch a tender offer to buy the rest of MRM for around 35.4 euros a share. The estimated price is in line with MRM's net asset value at June 30 and is a 142% premium over MRM's closing share price of 14.60 euros on Thursday.The deal follows a strategic review of Scor's options for its interest in MRM, it said.\"This transaction will enable Scor to manage its retail real estate portfolio directly and will give the company greater flexibility in its asset valuation and arbitration strategy,\" Scor said.Scor has been a majority shareholder of MRM since 2013. Altarea has been MRM's second largest shareholder since 2022.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MRM":"MEDIROM Healthcare Technologies, Inc.","CFA.SI":"NikkoAM-STC Asia REIT","SCRYY":"SCOR","BK4192":"特殊消费者服务","BK4019":"再保险"},"translate_title":"Scor增持房地产公司MRM股份，计划收购Rest","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1,"MRM":1,"SCRYY":0.9},"content_text":"By Ian Walker \n\n\n \n\n\n  Scor is increasing its stake in retail real estate Company MRM and plans to make an offer to buy the rest of it in a deal that would value the business at 113.7 million euros ($127.1 million). \n\n\n  The French reinsurer said late Thursday that it was buying a 15.92% share of MRM from Altarea, taking its shareholding to 72.48%. \n\n\n  It plans to launch a tender offer to buy the rest of MRM for around 35.4 euros a share. The estimated price is in line with MRM's net asset value at June 30 and is a 142% premium over MRM's closing share price of 14.60 euros on Thursday. \n\n\n  The deal follows a strategic review of Scor's options for its interest in MRM, it said. \n\n\n  \"This transaction will enable Scor to manage its retail real estate portfolio directly and will give the company greater flexibility in its asset valuation and arbitration strategy,\" Scor said. \n\n\n  The offer is conditional upon regulatory approvals and other conditions. It would be funded from available cash funds, Scor said. \n\n\n  Scor has been a majority shareholder of MRM since 2013. Altarea has been MRM's second largest shareholder since 2022. \n\n\n \n\n\n  Write to Ian Walker at ian.walker@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 27, 2024 01:11 ET (05:11 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}

如果下载按钮点击无跳转，请点击右上角菜单选择 “在浏览器打开”

立即咨询
下载APP
扫码下载APP