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Mediterranean Shipping Company: the sale of Bolloré Africa Logistics effective

23/12/2022
Source : ORISHAS FINANCE
Categories: Sectors

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On Wednesday, December 21, 2022, the Bolloré Group announced the completion of the sale to the GroupMSC of 100% of Bolloré Africa Logistics , including all trans activities port and logistics for the Bolloré Group in Africa, including Côte d'Ivoire.

The deal is concluded on the basis of a net enterprise value of minority interests of 5.7 billion euros and the sale price of the shares is 5.1 billion euros. In addition, there are 600 million euros in current account repayments. In addition, the Bolloré Group informs that in numerous sectors such as communication, entertainment, telecoms and publishing, it will maintain a presence im port ante in Africa, particularly through Canal+, and will also continue its development on this continent.

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