on Peugeot Invest (EPA:PEUG)
Peugeot Invest Announces Sale of Stake in SPIE
Peugeot Invest has commenced the sale of its remaining stake in SPIE, totaling 4.25 million shares, or approximately 2.5% of SPIE's share capital as of December 31, 2024. This transaction is conducted via an accelerated bookbuilding process, targeting qualified and international institutional investors.
Since 2017, Peugeot Invest has been a major supporter of SPIE, a leader in energy and digital services in Europe. This divestiture aligns with Peugeot Invest's strategic approach to active portfolio management.
The sale process begins immediately and will conclude with the announcement of final terms upon completion. The shares are expected to settle by July 10, 2025. BNP Paribas and Morgan Stanley are joint bookrunners for this placement. SPIE shares are traded on Euronext Paris.
R. P.
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