He Árima Real Estate Board of Directors has decided this Thursday not to accept the takeover bid presented by JSS Real Estate at a price of 8.61 euros per title, although it has issued a «favorable opinion» on the offer, according to the information sent to the National Securities Market Commission (CNMV). «The Board of Directors has unanimously decided not to accept the offer, despite the opinion expressed by the Board in relation to the offer, which is reiterated for all purposes,» the company has detailed. This decision affects the 26,971 own shares that Árima owns, representing 0.104% of its capital social, which were acquired by Árima in execution of the program to buy back its own shares that was suspended by agreement of the Board on May 14. However, all directors holding shares in the company have stated that «his current intention is to accept the offer,» although «they reserve the right to reconsider their intention in the event that circumstances change with respect to those existing on the date of this report.» For its part, Stanislas Henryproprietary director representing Ivanhoe Cambridgehas stated that the firm «intends today to accept the offer with all its shares», as it will Asua de Inversiones, as revealed by the counselor Pilar Fernández Palacios.