SoLocal Group: Determination of the final sale price of AVendreALouer
13 Juli 2018 - 7:52AM
Business Wire
Regulatory News:
SoLocal Group (Paris:LOCAL):
SoLocal Group announced on December 4th 2017, the divestment of
its online real estate classifieds business, A Vendre A Louer, to
Leboncoin Group. This transaction took place at an initial sale
price of €19.8 million on November 30th 2017. As mentioned, that
price was likely to evolve post-transfer, on the basis of
adjustment criteria agreed between the two parties. SoLocal Group
announces that the sale price reached €21.3 million following the
process of the final price determination.
About SoLocal Group
SoLocal Group is positioned as the trusted and local digital
partner supporting business companies to accelerate their growth.
To succeed in this transformation, it relies on its six key assets
some of them being unique in France: media with very high
audiences, powerful geolocated data, scalable technological
platforms, commercial coverage throughout France, privileged
partnerships with GAFAM and numerous talents (experts in data, IT
development, digital marketing, etc.). SoLocal Group's activities
are structured around two axes. First, a range of "full web &
apps" digital services on all devices (PCs, mobiles, tablets and
personal assistants), offered in the form of packs and
subscriptions, ("Digital Presence", "Digital Advertising", "Digital
Website"," Digital Solutions" and "Print to Digital"), and
integrating a digital coaching service, to support clients success.
Second, flagship owned media (PagesJaunes and Mappy) used daily by
Frenchs and offering an enriching and differentiating user
experience. With more than 460,000 customers across France and 2.4
billion visits on its media, the Group generated revenues of €756
million (IAS 18) in 2017, 84% coming from Internet making it one of
the leading European players in terms of online advertising
revenue. SoLocal Group is listed on Euronext Paris (LOCAL). More
information is available at www.solocalgroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180712005946/en/
SOLOCAL GROUPPressDelphine Penalva+33 (0)1 46 23 35
31dpenalva@solocal.comorEdwige Druon+33 (0)1 46 23 37
56edruon@solocal.comorAlexandra Kunysz+33 (0)1 46 23 47
45akunysz@solocal.comorInvestorsNathalie Etzenbach-Huguenin+33 (0)1
46 23 48 63netzenbach@solocal.comorAlima Lelarge Levy+ 33 (01) 46
23 37 72alelargelevy@solocal.com
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