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New Deal


Announced

Sodexo-backed Liveli to merge with Grandir.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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nursery operator

Friendly

Pending

Majority

Domestic

France

Acquisition

Health Care Services

Merger

Private

Single Bidder

Synopsis

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Sodexo-backed Liveli, a provider of childcare services, agreed to merge with Grandir, a provider of private nursery services. Financial terms were not disclosed. Grandir and Sodexo share the common view that the provision of quality early education is an essential service for society. They will work together as shareholders to ensure this critical mission for their employees, the children, their parents and their clients.

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