OLYMPIQUE LYONNAIS GROUPE (EPA:OLG) OL Vallee Arena disposal project exclusive discussions with HOLNEST
Transparency directive : regulatory news
OL VALLEE ARENA DISPOSAL PROJECT
EXCLUSIVE DISCUSSIONS WITH HOLNEST
Lyon, 2 April 2024
OL Groupe informs that exclusive, confidential discussions have been initiated with Holnest (family office owned in particular by Jean Michel Aulas) with a view to the sale of all shares in OL Vallée Arena (the company operating the LDLC Arena).
The exclusivity period runs until May 31, 2024.
These exclusive discussions have been authorized in advance by the Board of Directors.
Closing is subject to the fulfillment of usual conditions precedent.
The planned disposal of this asset is in line with Eagle Football's strategy, in particular the refocusing on men's football activities.
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Full and original press release in PDF: https://www.actusnews.com/news/84839-240402-efg-cp-exclusivite-olva-en.pdf