Societe Francaise De Casinos SA logo

SFCA - Societe Francaise De Casinos SA News Story

€1.37 0.0  0.0%

Last Trade - 13/01/22

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £5.83m
Enterprise Value £10.2m
Revenue £4.41m
Position in Universe 800th / 849

BRIEF-Societe Francaise De Casinos Says Majority Stake Acquisition By Circus Casino France Suspended

Thu 14th May, 2020 5:58pm
May 14 (Reuters) - Societe Francaise de Casinos SA
 SFCA.PA :
    * NON-COMPLETION OF MEMORANDA OF UNDERSTANDING FOR
ACQUISITION OF
A MAJORITY BLOCK BY CIRCUS CASINO FRANCE
    * CONTRACTS HAVE BECOME OBSOLETE FOLLOWING ACTIVATION OF A
SUSPENSIVE CLAUSE
    * CIRCUS CASINO FRANCE HAS INFORMED SELLING SHAREHOLDERS AND
FRANÇAISE DE CASINOS OF ITS DESIRE TO PURSUE THIS ACQUISITION
PROJECT BUT ON NEW FINANCIAL TERMS
    * NO AGREEMENT WAS FOUND AT THIS STAGE FOLLOWING THIS
REQUEST
    * HAS ASKED EURONEXT PARIS TO RESUME THE LISTING OF ITS
SHARES AT
THE OPENING OF THE PARIS STOCK EXCHANGE ON MAY 18, 2020

Source text for Eikon:  ID:nACT63513 
Further company coverage:  SFCA.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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