tiprankstipranks
Eurazeo Plans Albingia Stake Sale to Investor Consortium
Company Announcements

Eurazeo Plans Albingia Stake Sale to Investor Consortium

Eurazeo (FR:RF) has released an update.

Stay Ahead of the Market:

Eurazeo is in exclusive talks to sell its 70% stake in Albingia, a prominent French commercial insurance company, to a consortium led by La Financière de Blacailloux. The sale is expected to generate €289 million for Eurazeo, aligning with its strategy to support industry leaders while delivering strong returns. The transaction is anticipated to finalize in spring 2025, pending regulatory approvals.

For further insights into FR:RF stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles