Brief: Neoen Signs Share Purchase Agreement For The Acquisition Of A Majority Stake by Brookfield

Neoen SA

25/06/2024 09:52

June 25 (Reuters) - Neoen SA  NEOEN.PA :
    * SIGNING OF SHARE PURCHASE AGREEMENT FOR ACQUISITION OF A
MAJORITY STAKE IN NEOEN BY BROOKFIELD FROM IMPALA
    * PRICE OF 39.85 EUROS PER SHARE
    * EXPECTED THAT REGULATORY APPROVALS BE OBTAINED BY Q4 2024
AND
THAT THE TENDER OFFER BE LAUNCHED IN Q1 2025
    * AGREEMENT SIGNED BETWEEN BROOKFIELD (PURCHASER) AND
IMPALA, THE
FONDS STRATÉGIQUE DE PARTICIPATIONS MANAGED BY ISALT, CARTUSIA,
XAVIER BARBARO AND OTHER SHAREHOLDERS,
    * AGREEMENT IS TO ACQUIRE APPROX 53.12% OF OUTSTANDING
SHARES OF
NEOEN

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Further company coverage:  NEOEN.PA 

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