Brief: Visiativ Enters Into Negotiations To Sell Majority Stake In Valla

Visiativ SA

07/01/2021 07:20

Jan 7 (Reuters) - Visiativ SA  ALVIV.PA :
    * NOW HOLDS 97% OF CAPITAL OF VISIATIV CONSEIL, ENABLING
GROUP TO
BENEFIT FROM TAX CONSOLIDATION AND OPTIMISATION OF STRUCTURES
    * ANNOUNCES ENTRY INTO EXCLUSIVE NEGOTIATIONS FOR SALE OF A
MAJORITY STAKE IN VALLA SUBSIDIARY
    * SAYS A GENERALLY RESILIENT BUSINESS IN Q4 SHOULD ENABLE IT
TO
RECORD A MODERATE CONTRACTION IN BUSINESS IN 2020
    * EXPECTS FY REVENUE, AT CONSTANT EXCHANGE RATES AND
CONSOLIDATION
SCOPE, DOWN BY AROUND 8%

Source text: https://bit.ly/2Lqfxe3
Further company coverage:  ALVIV.PA 

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