Brief: Compagnie Des Alpes Signs Agreement To Acquire Urban Group

Compagnie des Alpes SA

13/03/2024 18:34

March 13 (Reuters) - Compagnie des Alpes SA  CDAF.PA :
    * COMPAGNIE DES ALPES SIGNS AN AGREEMENT TO ACQUIRE URBAN
GROUP
(URBANSOCCER / URBANPADEL), FRENCH LEADER IN 5-A-SIDE SOCCER AND
CO-LEADER IN PADEL
    * URBAN GROUP EXPECTS SALES OF AROUND €48 MILLION AND AN
EBITDA
(POST IFRS 16 AND UNAUDITED) OF AROUND €21.5 MILLION2 FOR ITS
FINANCIAL YEAR ENDING JUNE 2024
    * COMPAGNIE DES ALPES WOULD ACQUIRE 86.5% OF THE SOCCER 5
FRANCE
SAS, URBAN GROUP’S HOLDING COMPANY, WHICH WOULD BE INCLUDED
UNDER THE LEISURE PARKS DIVISION, FOR €129.7 MILLION

Source text for Eikon:  ID:nNDL9gmVMY 
Further company coverage:  CDAF.PA 

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