Patronale Life NV made an offer to acquire Banimmo S.A. (ENXTBR:BANI) from Affine (ENXTPA:IML) and others for €37.5 million on July 12, 2018. The offer per share is €3.3. The initial acceptance period of the offer will begin on October 25, 2018 and will end on November 8, 2018. As of October 24, 2018, the offer has received the support of the Banimmo Board of Directors. Matthieu Deuplat of Jones Day acted as legal advisor to Banimmo S.A. Patronale Life NV acquired 60.13% stake in Banimmo S.A. (ENXTBR:BANI) from Affine (ENXTPA:IML) and others for €22.5 million on November 8, 2018. The settlement date of the offer is November 19, 2018.