Brief: Olympique Lyonnais Completes The Sale Of Majority Stake In Olympique Lyonnais Feminin To Michele Kang

Eagle Football SA

08/02/2024 17:25

Feb 8 (Reuters) - Olympique Lyonnais Groupe SA  OLG.PA :
    * SALE OF A MAJORITY STAKE IN OLYMPIQUE LYONNAIS FEMININ TO
MICHELE KANG
    * THIS TRANSACTION FOLLOWS AGREEMENT REACHED ON MAY 16, 2023
BETWEEN OL GROUPE AND MICHELE KANG
    * GROUP IS PURSUING ITS PROJECT TO SELL ITS STAKE IN OL
REIGN(RENAMED SEATTLE REIGN FC) AND WILL COMMUNICATE IN DUE
COURSE ON THIS MATTER
    * COMPLETION ON THIS DATE OF SALE TO MICHELE KANG (THROUGH
HER
ACQUISITION VEHICLE YMK HOLDINGS, LLC) OF 52.91% OF CAPITAL AND
VOTING RIGHTS OF OLYMPIQUE LYONNAIS FÉMININ SAS

Source text for Eikon:  ID:nACT84153 
Further company coverage:  OLG.PA 

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