SPAC owned by Niel, Pigasse and Zouari in talks to absorb InVivo Retail

Teract SA

31/03/2022 17:38

March 31 (Reuters) - 2MX Organic  2MX.PA , an acquisition
vehicle belonging to French billionaire Xavier Niel and his
partners, on Thursday said it has entered exclusive negotiations
to buy InVivo Retail in order to create a leader in gardening,
petcare and local food retail.
    This combination would be based on a 675 million euros
($748.24 million) enterprise value for InVivo Retail, part of
French food and farming group InVivo, 2MX Organic said.

($1 = 0.9021 euros)

 (Reporting by Anait Miridzhanian, editing by Gus Trompiz)
 ((Anait.Miridzhanian@thomsonreuters.com; +48 58 769 66 05;))