Brief: Mannai Corporation Updates On Proposed Sale Of MCCS Shares In Inetum

Bain Capital Specialty Finance

17/04/2022 12:11

April 17 (Reuters) - MANNAI CORPORATION  MCCS.QA :
    * UPDATE ON THE PROPOSED SALE OF MCCS SHARES IN INETUM
    * CONSULTATION OF RELEVANT EMPLOYEE REPRESENTATIVE BODIES OF
INETUM IN FRANCE HAS NOW BEEN CONCLUDED REGARDING PROPOSED SALE
    * MANNAI SHAREHOLDERS ARE NOW ASKED TO APPROVE THE PROPOSED
SALE
    * VALUE OF PROPOSED SALE IS AGREED AT AN ENTERPRISE VALUE
AMOUNTING TO EUR 1.85 BILLION
    * VALUE OF PROPOSED SALE COULD RESULT IN AN EQUITY VALUE FOR
MANNAI IN RANGE OF EUR 1.03 – EUR 1.06 BILLION

Further company coverage:  MCCS.QA 

 ((Reuters.Briefs@thomsonreuters.com;))