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BNJ — Banijay NV News Story

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Brief: Banijay Group Announces Combination Of Banijay Entertainment And All3media

March 3 (Reuters) - Banijay Group NV BNJ.AS:

BANIJAY GROUP ANNOUNCES COMBINATION OF BANIJAY ENTERTAINMENT AND ALL3MEDIA

NEW MERGED COMPANY TO BE CALLED BANIJAY

MARCO BASSETTI TO BE CEO, JANE TURTON DEPUTY CEO, JEFF ZUCKER CHAIRMAN OF NEW ENTITY

DEAL EXPECTED TO DELIVER €50M COST SYNERGIES WITHIN 12 MONTHS POST-CLOSING

DEAL EXPECTED TO CLOSE BY FALL 2026, SUBJECT TO REGULATORY APPROVALS

DEAL IMPLIES TOTAL CASH UPSTREAM FOR BANIJAY GROUP OF €796M

POST-DEAL LEVERAGE EXPECTED AT ~3X AT END OF 2026

Source text: nGNE1Jb9Pp

Further company coverage: BNJ.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))

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