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Stéphane Vidal, Primonial

"Altarea's acquisition of Primonial seems to be definitively canceled"

Against all expectations, Altarea announced on Wednesday that it would not acquire Primonial for €1.9bn. The backtracking of the group, headed by Alain Taravella, came at a time when the transaction was due to be finalised the same day. Stéphane Vidal, President of Primonial, tells Business Immo his version of events.

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Business Immo: How did you learn that Altarea had given up on acquiring Primonial? Stéphane Vidal: We were supposed to close the deal on Wednesday (...)

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