Brief: Eurazeo Enters Exclusive Discussions On Sale Of Its Stake In Albingia

Eurazeo SE

11/12/2024 16:53

Dec 11 (Reuters) - Eurazeo SE  EURA.PA :
    * ENTERS INTO EXCLUSIVE DISCUSSIONS WITH AN INVESTOR
CONSORTIUM
LED BY LA FINANCIERE DE BLACAILLOUX REGARDING THE SALE OF ITS
STAKE IN ALBINGIA
    * UNDER THE TERMS OF THIS AGREEMENT, EURAZEO WOULD SELL ITS
ENTIRE
FINANCIAL STAKE OF 70% IN ALBINGIA, FOR A RETURN – INCLUDING
DIVIDENDS – OF 2.2X CASH-ON-CASH
    * IS EXPECTED TO BE FINALISED IN SPRING 2025

Source text:  ID:nNDL46WQFF 
Further company coverage:  EURA.PA 

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