Brief: Indigo Group to buy off-street parking activities of Transdev Group and of Covivio

Covivio Hotels SCA

23/06/2021 06:55

June 23 (Reuters) - Indigo Group/Covivio SA  CVO.PA :
    * INDIGO GROUP SIGNED AGREEMENTS FOR TWO BOLT-ON
ACQUISITIONS IN
FRANCE OF OFF-STREET PARKING ACTIVITIES OF TRANSDEV GROUP AND OF
COVIVIO
    * INDIGO GROUP: AROUND 10 CAR PARKS UNDER CONCESSIONS AND
LONG-TERM LEASES OF COVIVIO GENERATED 20 MILLION EUROS OF
REVENUE IN 2019.
    * Indigo Group is indirectly held at approximately 47.4% by
Crédit
Agricole Assurances, 33.1% by Vauban Infrastructure Partners,
14.3% by MEAG, 0.5% in treasury shares and the remainder by the
management of the group.

Source text for Eikon:  ID:nACT69792 
Further company coverage:  CVO.PA 

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))