Ardian and Crédit Agricole Assurances in exclusive talks with VINCI to invest in VINCI Park
Ardian, Crédit Agricole Assurances and VINCI started exclusive talks with a view to creating a company that would own 100% of VINCI Park’s share capital. 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 aquiring 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.
[1] through its infrastructure business
[2] through its subsidiary Predica
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