Brief: Cnova: GeoPost Acquires 95% Of CChezVous

Cnova NV

06/10/2022 06:49

Oct 6 (Reuters) - Cnova NV  CNV.PA :
    * C-LOGISTICS, CDISCOUNT’S LOGISTICS SUBSIDIARY, REINFORCES
ITS
INDUSTRIAL PARTNERSHIP WITH GROUP LA POSTE/GEOPOST
    * ACQUISITION BY GEOPOST OF A MAJORITY STAKE IN CCHEZVOUS,
C-LOGISTICS' SUBSIDIARY
    * C-LOGISTICS AND GEOPOST HAVE ALSO AGREED TO EXTEND THEIR
COLLABORATION TO DELIVER SMALL PARCELS THROUGHOUT EUROPE
    * ACQUISITION BY GEOPOST OF A 95% MAJORITY STAKE IN
CCHEZVOUS
    * TRANSACTION IS TO BE CLOSED IN THE LAST QUARTER OF 2022

Source text: https://bit.ly/3fOup4P
Further company coverage:  CNV.PA 
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