The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of €5.7 billion.
The Bolloré Group has granted the MSC Group an exclusivity until 31 March 2022 to enable the MSC Group, further to an additional due diligence phase and contractual negotiations, to submit a put option.
The Bolloré Group’s decision to exercise this put option and the signature of the relevant agreements may only take place after the competent employee representative bodies have been informed and consulted and certain internal reorganisation operations have been carried out within the Bolloré Group.
Completion of the sale would require the approval of regulatory and competition authorities, as well as of certain counterparties of Bolloré Africa Logistics.
The Bolloré Group will report on the outcome of these exclusive negotiations in due course.
The Bolloré Group will, in any event, remain strongly involved in Africa, with Canal+, the leading pay-TV operator in French-speaking Africa and a major shareholder of MultiChoice, the leading pay-TV operator in English-speaking Africa. The Group will also continue to develop its activities in numerous sectors such as communication, entertainment, telecoms, publishing...

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Botswana and Oman signed strategic agreements that include a 500-MW solar photovoltaic project. T...
ECOWAS sent a high-level delegation on December 1 to negotiate a return to constitutional order after the military seized power ahead of the publication...
South Africa launches a 496 m rand ECCE Outcomes Fund for preschool learning Program targets 2,000 centers and 115,000 children aged...
SNIM commissions 12 MW solar and 30 MW thermal plants in Tiris Zemmour New facilities support mining operations and power Zouerate and...
Orange Sierra Leone opens €23m Bo data center as disaster-recovery site Facility expands rural connectivity and supports national digital...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...