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Elis completes sale of a division of Clinical Solutions arm in UK
Eurazeo Sells Its Entire Stake In Elis
Elis SA Secondary ABO: Bookrunner Says Transaction Pricing At EUR 16.90 Per Share
Elis SA is a France-based company that offers a number of services in the fields of cleanliness, image, hygiene and well-being. The Company offers the rental and maintenance of flat linen, professional clothing, as well as hygiene appliance and well-being services. Its linen services include: aprons, dish towels, and glass towels; linens for hotel and restaurant trades; linens for beauty care salons and spas, hairdressing and fitness facilities, as well as linen for health care establishments. It offers its clothing services to: hotels, restaurants and receptions and beauty care salons and spas, among others. It also offers accessories and consumables for clean room operators. It provides sanitary solutions for hand-washing and toilet paper dispensers, among others. It serves the hotel, catering, healthcare, industry, retail and services sectors, thanks to Its network and distribution centers in Europe and South America. It operates through Lavebras and Berendsen plc.
5 Boulevard Louis Loucheur
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Chairman of the Executive Committee, Chief Executive Officer
Chief Financial Officer, Member of the Management Board, Member of the Executive Committee
Member of the Executive Committee, Transformation and IT Director
Member of the Executive Committee, Marketing and Innovation Director
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French laundry and services group Elis said on Tuesday it now expects cost synergies of at least 80 million euros ($98.83 million) by 2020 from its acquisition of British peer Berendsen, double the amount previously announced.
* REG-ELIS SUCCESSFULLY PRICED A SCHULDSCHEIN PRIVATE PLACEMENT
* Eurazeo successfully completes sale of part of its Elis shares
* 69,052,152 NEW ELIS SHARES WILL BE ISSUED ON SEPTEMBER 13, 2017 FOR COMPLETION OF TRANSACTION
* WAS NOTIFIED BY EURONEXT PARIS THAT, SUBJECT TO VALID ISSUANCE BY ELIS OF 69,152,052 NEW SHARES OF EUR 1 NOMINAL VALUE EACH, SHARES WILL BE ADMITTED TO TRADING ON EURONEXT PARIS
Berendsen Plc <BRSN.L>, the British laundry services group which is to be bought by French peer Elis SA <ELIS.PA>, said first-half profit fell 5.6 percent, as challenging conditions across the UK squeezed margins.
* ELIS SA - BOARDS OF ELIS AND BERENDSEN REACHED AGREEMENT ON TERMS OF A RECOMMENDED ACQUISITION BY ELIS
French laundry services group Elis SA <ELIS.PA> sweetened its offer to buy UK peer Berendsen Plc <BRSN.L> on Wednesday, and the companies said they had agreed in principle on key terms.
* ELIS AND BERENDSEN REACHED AGREEMENT IN PRINCIPLE ON KEY TERMS OF POSSIBLE RECOMMENDED OFFER TO BE MADE BY ELIS FOR BERENDSEN
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.