July 24 (Reuters) - Newprinces SpA NWLF.MI:
SIGNS AGREEMENT TO BUY CARREFOUR ITALIA
ENTERPRISE VALUE OF ACQUISITION ABOUT 1 BILLION EUROS
CLOSING EXPECTED BY END OF Q3 2025
AS PART OF TRANSACTION, NEWPRINCES COMMITTED TO INVESTING, AT CLOSING, €200 MILLION IN DEVELOPMENT INITIATIVES, LOGISTICS INNOVATION, BRAND RENEWAL
AS PART OF DEAL, CARREFOUR WILL REINVEST EUR 237.5 MILLION AS ONE-OFF CONTRIBUTION TO CARREFOUR ITALIA
NEWPRINCES MANAGEMENT EXPECTS GROUP TO SURPASS €7 BILLION IN REVENUE BY THE END OF 2026
Further company coverage: NWLF.MI
(Gdansk Newsroom)
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