Colonial Appoints Aude Grant as SFL Director Amid 2022 Absorption Plans and Ongoing Stock Volatility

Colonial, a prominent real estate company, is preparing to absorb its French subsidiary, Société Foncière Lyonnaise (SFL). The transition includes the appointment of Aude Grant as the new general director of SFL. This leadership change comes as the current general director of SFL departs ahead of the merger. Colonial's stock has been experiencing significant volatility since 2022, maintaining a lateral movement in its trading patterns. The developments indicate a strategic shift for Colonial as it consolidates its operations in the French market.