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Bolloré receives an offer from MSC
[ January 4, 2022 // Gary G Burrows ]Bolloré has received an offer from MSC for the purchase of Bolloré Africa Logistics. Bolloré has granted an exclusivity to the offer,
The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of EUR5.7 billion.
The Bolloré Group has granted the MSC Group an exclusivity until 31 March 2022 to enable the MSC Group, further to an additional due diligence phase and contractual negotiations, to submit a put option.