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New Deal


Announced

Eurazeo to acquire a majority stake in EasyVista for $93m.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For68%
EV/Sales15.2x
EV/EBITDA-
Share Price Premium7.7%
One Off Charge-

Tags

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Tender Offer

it management services

Majority

Friendly

Public

Single Bidder

Acquisition

Pending

France

IT Services: Other

Private Equity

Privatisation

Mbo

Domestic

Synopsis

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Eurazeo, a private equity firm, offered to acquire a majority stake in EasyVista, an IT service management company, for $93m. This price represents a premium of 7.7% compared to the volume weighted average trading prices of the last 30 trading days. The board of directors of EasyVista held on July 22, 2020 welcomed favorably the proposed transaction, without prejudice of the review of the tender offer documentation when such documentation will be made available.

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