Brief: Mannai to acquire additional stake in Gfi Informatique

Boussard and Gavaudan Holding

10/05/2017 17:41

May 10 (Reuters) - BOUSSARD AND GAVAUDAN HOLDING LTD 
 BGHL.AS  
    * PROPOSED ACQUISITION BY MANNAI CORPORATION OF ADDITIONAL 
STAKE OF C. 29% IN 2017 AND C. 15% IN 2018 IN GFI INFORMATIQUE 
FROM APAX PARTNERS, ALTAMIR AND BOUSSARD & GAVAUDAN 
    * APAX FRANCE AND BOUSSARD & GAVAUDAN TO SELL TO MANNAI 
CORPORATION APPROX. 15% OF GFI INFORMATIQUE'S SHARE CAPITAL IN 
Q2 2018 AT PRICE PER SHARE OF 8.50. 
    * BOUSSARD AND GAVAUDAN - MANNAI TO ACQUIRE C. 12 PERCENT 
STAKE FROM APAX FRANCE & ALTAMIR AT EUR 8/SHARE IN JUNE 2017 AND 
C. 17 PERCENT FROM BOUSSARD & GAVAUDAN AT EUR 8/SHARE IN JULY 
2017 
 
Source text for Eikon:  ID:nNDL7KqP0w  
Further company coverage:  BGHL.AS  
 
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