BOLLORÉ : THE BOLLORÉ GROUP SIGNS AN AGREEMENT WITH THE MSC GROUP FOR THE SALE OF BOLLORÉ AFRICA LOGISTICS
March 31 2022 - 2:19PM
BOLLORÉ : THE BOLLORÉ GROUP SIGNS AN AGREEMENT WITH THE MSC GROUP
FOR THE SALE OF BOLLORÉ AFRICA LOGISTICS
BOLLORÉ
PRESS RELEASE
31 March
2022
THE BOLLORÉ GROUP SIGNS
AN AGREEMENT WITH THE MSC
GROUPFOR THE SALE
OF BOLLORÉ AFRICA LOGISTICS
Following the exclusive negotiations announced
on 20 December 2021 and the favourable opinions issued by each of
the consulted employee representative bodies, the Bolloré Group has
signed today the agreement relating to the sale to the MSC Group of
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
euros.
The sale remains subject to regulatory and
competition approvals and the agreement of certain of Bolloré
Africa Logistics' counterparties and is expected to be completed by
the end of the first quarter of 2023.
The Bolloré Group will remain strongly involved
in Africa, notably through Canal+, and will also continue to
develop on this continent its activities in numerous sectors such
as communications, entertainment, telecommunications and
publishing.
- 2022-03-31-Bolloré Africa Logistics-EN
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