BOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OF BOLLORÉ AFRICA LOGISTICS. BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE OFFEROR
December 20 2021 - 11:52AM
BOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OF BOLLORÉ
AFRICA LOGISTICS. BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE OFFEROR
BOLLORÉ
PRESS RELEASE
20 DECEMBER
2021
BOLLORÉ
HAS RECEIVED AN OFFER FROM MSC
FOR THE PURCHASE OF
BOLLORÉ AFRICA
LOGISTICS.
BOLLORÉ HAS GRANTED AN EXCLUSIVITY TO THE
OFFEROR
The Bolloré Group announces that it has received
an offer from the MSC Group, a major player in container transport
and logistics, to acquire 100% of Bolloré Africa Logistics,
comprising all of the Bolloré Group’s transport and logistics
activities in Africa, on the basis of an enterprise value, net of
minority interests, of €5.7 billion.
The Bolloré Group has granted the MSC Group an
exclusivity until 31 March 2022 to enable the MSC Group, further to
an additional due diligence phase and contractual negotiations, to
submit a put option.
The Bolloré Group’s decision to exercise this
put option and the signature of the relevant agreements may only
take place after the competent employee representative bodies have
been informed and consulted and certain internal reorganisation
operations have been carried out within the Bolloré Group.
Completion of the sale would require the
approval of regulatory and competition authorities, as well as of
certain counterparties of Bolloré Africa Logistics.
The Bolloré Group will report on the outcome of
these exclusive negotiations in due course.
The Bolloré Group will, in any event, remain
strongly involved in Africa, with Canal+, the leading pay-TV
operator in French-speaking Africa and a major shareholder of
MultiChoice, the leading pay-TV operator in English-speaking
Africa. The Group will also continue to develop its activities in
numerous sectors such as communication, entertainment, telecoms,
publishing...
- 2021-12-20-Bolloré Africa Logistics-EN
Bollore (EU:BOL)
Historical Stock Chart
From Jul 2024 to Jul 2024
Bollore (EU:BOL)
Historical Stock Chart
From Jul 2023 to Jul 2024