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NWL Newprinces SpA News Story

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Brief: NewPrinces Signs Deal To Buy Carrefour Italia Based On Around EUR 1 Bln Entreprise Value

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)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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