Brief: Vivendi & CTS Eventim Completion Of The Sale Of Vivendi’S Festival And International Ticketing Activities To CTS Eventim

CTS Eventim AG & Co KGaA

06/06/2024 15:19

June 6 (Reuters) - Cts Eventim AG & Co KgaA  EVDG.DE :
    * COMPLETION OF THE SALE OF VIVENDI’S FESTIVAL AND
INTERNATIONAL
TICKETING ACTIVITIES TO CTS EVENTIM
    * A PUT OPTION AGREEMENT WAS SIGNED ON 2 APRIL 2024
    * TOTAL ENTERPRISE VALUE OF TRANSACTION IS APPROXIMATELY EUR
300
MILLION
    * VIVENDI'S PERFORMANCE HALL ACTIVITIES, INCLUDING L'OLYMPIA
IN
PARIS, AS WELL AS SEE TICKETS FRANCE AND BRIVE FESTIVAL, ARE NOT
PART OF THIS AGREEMENT

Source text for Eikon:  ID:nEQ4HnVr7a 
Further company coverage:  EVDG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))