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GBLB — Groep Brussel Lambert NV News Story

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Brief: GBL To Buy 45% Stake In Rayner

Feb 9 (Reuters) - Groep Brussel Lambert NV GBLB.BR:

GBL INVESTS IN RAYNER AS PART OF THE GROUP’S MID-TERM STRATEGY EXECUTION

DEFINITIVE AGREEMENTS TO ACQUIRE A 45% CO-CONTROL STAKE IN RAYNER

GBL WILL INVEST €0.5BN OF EQUITY ALONGSIDE INCUMBENT SHAREHOLDERS CVC AND THE RAYNER MANAGEMENT TEAM

WILL HAVE CO-CONTROL RIGHTS ALONGSIDE CVC

TRANSACTION EXPECTED TO COMPLETE IN Q2

Source text: here

Further company coverage: GBLB.BR

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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