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CTS Eventim AG & Co. KGaA: European Commission gives green light for exercising of call-option to acquire 17% of the share capital of France Billet
- European Commission approves CTS Eventim's call-option.
- CTS Eventim to increase stake in France Billet to 65%.
- Company is Europe's top ticketing provider, strong growth.
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EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Mergers & Acquisitions
AD HOC DISCLOSURE |
European Commission gives green light for exercising of call-option to acquire 17% of the share capital of France Billet
Munich, 16 October 2024 – The European Commission has informed CTS EVENTIM AG & Co. KGaA that it has no antitrust or other objections to the exercising of the call-option to acquire a further 17% of the share capital of France Billet. The approval was issued free of restrictions and conditions. It was a prerequisite for increasing the shareholding in France Billet from 48% to 65%.
CTS EVENTIM exercised the abovementioned option on 2 August 2023 and issued a corresponding ad-hoc disclosure.
About CTS EVENTIM
CTS EVENTIM is the number one provider of ticketing services in Europe and number two in the world. Over 300 million tickets per year are marketed using the Company’s systems – through physical box offices and mobile/online portals. According to Pollstar’s global rankings for 2023, the EVENTIM Group is the second-biggest promoter in the world. In addition, CTS EVENTIM operates some of Europe’s most renowned venues. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is a member of the MDAX segment. In 2023, the Group generated revenue of EUR 2.4 billion across more than 25 countries.
PRESS CONTACT
Christian Colmorgen
Vice President, Corporate Communications
christian.colmorgen@eventim.de
INVESTOR RELATIONS
Marco Haeckermann
Vice President, Corporate Development & Strategy
marco.haeckermann@eventim.de
End of Inside Information
16-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | CTS Eventim AG & Co. KGaA |
| Rablstr. 26 | |
| 81669 München | |
| Germany | |
| Phone: | 0421/ 3666-0 |
| Fax: | 0421/ 3666-290 |
| E-mail: | info@eventim.de |
| Internet: | www.eventim.de |
| ISIN: | DE0005470306 |
| WKN: | 547030 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2009969 |
| End of Announcement | EQS News Service |
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2009969 16-Oct-2024 CET/CEST
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