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CLARI Clariane SE News Story

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Deal to sell Petit-fils fuels Clariane shares

** Shares in Clariane CLARI.PA rise 11% to the top of French SBF120 .SBF120 index after the provider of healthcare and support services agreed to sell Petit-fils to a unit of French bank Credit Agricole CAGR.PA

** The sale of Petit-fils, which offers at-home services for seniors in France, is valued at 345 million euros and expected to close during the third quarter of the year

** With the deal Clariane completes its 1.5 billion euro plan to strengthen its financial structure

** "The disposal of the Petits-fils network, completes, six months ahead of schedule, the implementation of the plan announced by Clariane on 14 November 2023," the group said in a statement

** Clariane shares are on track for their best day since March 12

($1 = 0.8684 euros)

(Reporting by Mathias de Rozario in Gdansk)

((mathias.derozario@thomsonreuters.com;))

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