Report
Jerôme Bodin

ODDO : Vers une cession de l’Afrique à MSC pour 5,7 Md€, 1ère étape de la simplification 2022

>Une opération attendue mais à un prix supérieur aux attentes - Bolloré a annoncé hier des négociations exclusives avec le groupe italo-suisse MSC pour une cession de Bolloré Africa Logistics à 5,7 Md€. L’acheteur dispose d’une exclusivité de 3 mois pour faire une offre. Le prix est supérieur au haut de fourchette que nous avions évoquée dans notre dernière étude du 29/11 (5,3 Md€ net des minoritaires) et est donc une très bonne nouvelle. L’opération ferait ressortir ...
Underlyings
Bollore SA

Bollore is a holding company. Through its subsidiaries, Co. conducts business in international logistics, transportation and logistics in Africa (port management, stevedoring, logistics), fuel distribution, batteries and supercapacitors, electric vehicles, plastic films for capacitors and packaging, dedicated terminals and systems, plantations, communicationa and the media (television and free press, advertising and market research) and the management of portfolio shareholdings. Co.'s activities can be divided into four segments: Transportation and logistics, Industry, Fuel distribution, and Other activities.

Vivendi SE

Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.

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
Jerôme Bodin

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