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BRIEF-Neoen Signs Share Purchase Agreement For The Acquisition Of A Majority Stake by Brookfield
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BRIEF-Neoen Signs Share Purchase Agreement For The Acquisition Of A Majority Stake by Brookfield
Jun 25, 2024 2:09 AM

June 25 (Reuters) - Neoen SA:

* SIGNING OF SHARE PURCHASE AGREEMENT FOR ACQUISITION OF A

MAJORITY STAKE IN NEOEN BY BROOKFIELD FROM IMPALA

* PRICE OF 39.85 EUROS PER SHARE

* EXPECTED THAT REGULATORY APPROVALS BE OBTAINED BY Q4 2024

AND

THAT THE TENDER OFFER BE LAUNCHED IN Q1 2025

* AGREEMENT SIGNED BETWEEN BROOKFIELD (PURCHASER) AND

IMPALA, THE

FONDS STRATÉGIQUE DE PARTICIPATIONS MANAGED BY ISALT, CARTUSIA,

XAVIER BARBARO AND OTHER SHAREHOLDERS,

* AGREEMENT IS TO ACQUIRE APPROX 53.12% OF OUTSTANDING

SHARES OF

NEOEN

Source text for Workspace:

Further company coverage:

(Gdansk Newsroom)

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