Obsido Socimi, S.A. (BME:YOSO) entered into an agreement to acquire a €12 million loan portfolio with mortgage on three hotels in Torremolinos (Málaga) and Lorca (Murcia) from Novo Banco, S.A. on June 30, 2016. The transaction received Obsido Socimi's shareholders' approval on September 6, 2016. Obsido Socimi, S.A. (BME:YOSO) cancelled the acquisition of €12 million loan portfolio with mortgage on three hotels in Torremolinos (Málaga) and Lorca (Murcia) from Novo Banco, S.A. on June 30, 2017.