Bolloré: disposal of Bolloré Africa Logistics


(CercleFinance.com) – Bolloré announces that it has signed the contract providing for the sale to the MSC group of Bolloré Africa Logistics, bringing together all of its transport and logistics activities in Africa, on the basis of an enterprise value, net of interest. minority interests, 5.7 billion euros.

The completion of this sale, subject to obtaining regulatory authorizations and the competent competition authorities as well as the agreement of some of Bolloré Africa Logistics’ counterparties, would take place by the end of the first quarter of 2023.

Bolloré specifies that it will maintain a significant presence in Africa, in particular through Canal+, and will also continue its developments on this continent in numerous sectors such as communication, entertainment, telecoms and publishing.

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