Report
Benoit Valleaux

April : Transfer of the stake owned by Evolem, offer expected to be launched in the near future

>Evolem’s stake was transferred yesterday at € 21.6 per share - April Group announced yesterday that Evolem’s majority stake in April was transferred yesterday to Andromeda Investissements, a holding company indirectly owned by funds managed by CVC Capital Partners (CVC Fund VII). The transfer price was € 21.60 per share. The price, pursuant to the agreement reached last January, includes two downward adjustments for: 1/ the dividend for 2018, which has been paid, of ...
Underlying
APRIL

April Group designs, sells and manages insurance products through distributors, managers, insurers and reinsurers. Co. divides its activities into four divisions: Health and Personal Protection, Property and Casualty, International (mobility/assistance) and Protection and Legal Services. Health and Personal Protection designs, manages and distributes individual and collective policies; Property and Casualty designs, manages and distributes property and casualty policies for individual clients; International division (mobility/assistance) designs, manages, and distributes policies for individuals and businesses settled abroad; and Protection and Legal Services focuses of legal activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

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