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Home Sources Business & Entrepreneurs

Ardian and Crédit Agricole Assurances in exclusive talks with VINCI to buy into VINCI Park

by PressCenter.com
February 13, 2014
in Business & Entrepreneurs, Business & Entrepreneurship, Categories, Figures, Sources, Special
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  • A shared strategy to support VINCI Park’s growth
  • VINCI Park valued at €1.96 billion

The company would be owned 37.5% by Ardian(1), 37.5% by Crédit Agricole Assurances(2) and 25% by VINCI Concessions. The deal would involve the external investors acquiring the equity interest in VINCI Park on the basis of an enterprise value of €1.96 billion.

Ardian, Crédit Agricole Assurances and VINCI have confirmed that their strategic goal is to support VINCI Park’s growth, especially outside France, working with the current management. Their aim is to increase the company’s presence in high-growth markets such as North America, Latin America and Asia, while maintaining its leadership positions in France and other European countries.

The transaction will be finalised after consultation with employee representative bodies and, if necessary, approval by the relevant competition authorities.

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Tags: ArdianCrédit Agricole Assurancesenterprise valueEuropean countriesFranceinvestorsmanagementpress releasetransactionVINCI
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