>>> Fonciere Lyonnaise / Colonial

Colonial buys Qatar stake at 69.58E on average vs yesterday's close at 59.40

Mostly acquired in Colonial shares (reserved capital increase)
Part of the acquisition by Colonial is done in cash at 73E (vs FLY FP NNAV at 85.7E in June 18)

Colonial engages not to buy FLY shares above 72.50E for the next 18 months (except for another 1% of FLY they can buy at any price)

After operation Colonial will hold 80.74% of SFL. Smells like delisting. If so, 73E would be the price.