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New Deal


Announced

Completed

Three directors completed the acquisition of a 80% stake in Cognacq-Jay Image from TDF.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud playout

Acquisition

Single Bidder

media services

Completed

France

broadcasting

Majority

Publishing

digital solutions

Friendly

content management

Private

Synopsis

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Alain Lorentz, Nicolas Basdevant and Philippe Bonpunt, three directors of Cognacq-Jay Image, completed the acquisition of a 80% stake in Cognacq-Jay Image, a provider of media services, from TDF, a provider of internet network services. Financial terms were not disclosed. This transaction will bolster Cognacq-Jay Image’s growth by enabling it to pursue its core business strategy focusing on media management while confirming TDF’s strategy as infrastructure operator.

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