Montefiore Investment agreed to acquire Banimmo France SAS from Banimmo S.A. (ENXTBR:BANI) for €14 million on February 27, 2018. Proceeds from the sale and repayment of shareholder advances will provide close to €14 million of cash inflow to Banimmo. Bernard Laurent-Bellue, Bruno Laffont, Carol Santoni, Grégoire Marin, Fabrice Rymarz, Frédéric Broud and Karoline Kettenberger of Racine acted as legal advisors to Banimmo. Inès Reinmann-Toper, Julien Beraud, Jonathan Jacquin and Aurélien Bouvier of Edmond de Rothschild Corporate Finance acted as financial advisors to Banimmo. Christine Daric, Jeanne Gloor, Suzy Lasry, Henry Ranchon, Laurent Schittenhelm, Magali Masson, Virginie Brault-Scaillet, Claire Fougea and Julia Zein of Franklin acted as legal advisors to Montefiore Investment. Geoffroy Schmitt and Frédéric Blanc of PricewaterhouseCoopers acted as accounting and financial due diligence provider to Montefiore Investment. Montefiore Investment cancelled the acquisition of Banimmo France SAS from Banimmo S.A. (ENXTBR:BANI) on February 27, 2019.