Nexity: surrounded after discussions on a sale
This transaction, which would be based on an enterprise value of 440 million euros, would be accompanied by the conclusion of a strategic partnership aimed at perpetuating and amplifying existing synergies with Nexity's activities.
Oddo BHF sees this possible transaction as 'a good opportunity to reduce the Group's debt, with a sale price that seems to value the activities correctly', and has raised its opinion on Nexity from 'underperform' to 'neutral'.
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