Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Bolloré SE
  6. News
  7. Summary
    BOL   FR0000039299

BOLLORÉ SE

(BOL)
  Report
Real-time Euronext Paris  -  11:35:07 2023-01-31 am EST
5.130 EUR   -1.06%
01/25Factbox-Who wants what in a reshaped Telecom Italia
RE
01/16TIM's top shareholder Vivendi leaves board seat as it seeks governance changes
RE
01/16Vivendi CEO to leave Telecom Italia board with immediate effect, company says
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Bahri Logistics signs agreement to acquire remaining stake in joint venture with Bollore; Bahri Bollore Logistics to become a wholly owned subsidiary of Bahri's business unit following the acquisition of 40% of share capital

11/03/2022 | 10:02am EST

Riyadh, KSA - Bahri, a global leader in logistics and transportation, announced that its business unit Bahri Logistics has entered into a sales and purchase agreement with Bollore Logistics, one of the largest transport and logistics companies in the world, to acquire 40 percent of the share capital of their joint venture, Bahri Bollore Logistics.

Following the proposed transaction, Bahri Bollore Logistics will become a wholly owned subsidiary of Bahri and will be renamed Bahri Logistics. The Board of Directors and shareholders of Bahri have approved the acquisition.

Commenting on the announcement, Eng. Ahmed Ali Alsubaey, CEO of Bahri, said: 'Since its establishment in 2017, Bahri Bollore Logistics has grown into a strong player in freight forwarding services, building on the unique strengths of Bahri and Bollore. We are pleased that the signing of the agreement to acquire our remaining stake in the company will pave the way for greater integration and help realize synergies. Furthermore, the joint venture's transition to a fully owned subsidiary under Bahri Logistics marks the start of the next phase of its growth and expansion. It also represents another important step as we continue to bolster Bahri's capability to provide full-service logistics solutions to our customers independently.'

Bahri Logistics and Bollore Logistics will continue their partnership under a global agency agreement to continue serving existing and future clients. This agreement aims to leverage the strengths of both companies to develop solutions and services for local and international clients.

Headquartered in Riyadh, Bahri Bollore Logistics offers integrated global logistics and supply chain management services for local and international companies operating in Saudi Arabia. It also runs a container yard and offers value-added warehousing services in Jeddah.

(C) 2022 Electronic News Publishing, source ENP Newswire

All news about BOLLORÉ SE
01/25Factbox-Who wants what in a reshaped Telecom Italia
RE
01/16TIM's top shareholder Vivendi leaves board seat as it seeks governance changes
RE
01/16Vivendi CEO to leave Telecom Italia board with immediate effect, company says
RE
01/09Vivendi's Canal Plus clinches deal to buy Orange's film and pay-TV units
RE
2022Starlog Enterprises Arm Completes Sale of India Ports & Logistics Stake
MT
2022Bolloré Closes EUR5.7 Billion Sale of African Logistics Arm to MSC Group
MT
2022Shipping company MSC Group completes purchase of Bollore Africa Logistics
RE
2022SAS Shipping Agencies Services SÀRL completed the acquisition of Bollore Africa Logisti..
CI
2022Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing
RE
2022Starlog Enterprises Arm to Sell Stake in India Ports & Logistics
MT
More news
Financials
Sales 2022 23 391 M 25 422 M 25 422 M
Net income 2022 443 M 481 M 481 M
Net Debt 2022 5 041 M 5 479 M 5 479 M
P/E ratio 2022 19,9x
Yield 2022 1,16%
Capitalization 15 218 M 16 540 M 16 540 M
EV / Sales 2022 0,87x
EV / Sales 2023 0,92x
Nbr of Employees -
Free-Float 27,1%
Chart BOLLORÉ SE
Duration : Period :
Bolloré SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOLLORÉ SE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 5,19 €
Average target price 6,00 €
Spread / Average Target 15,7%
EPS Revisions
Managers and Directors
Cyrille Bolloré Chairman & Chief Executive Officer
François Thomazeau Independent Director
Alexandre François Picciotto Independent Director
Céline Merle-Béral Director
Yannick Bolloré Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
BOLLORÉ SE-0.67%16 540
WARNER MUSIC GROUP CORP.3.11%18 631
VIVENDI SE11.62%10 783
ENDEAVOR GROUP HOLDINGS, INC.-2.00%6 382
WORLD WRESTLING ENTERTAINMENT, INC.23.51%6 320
TOEI ANIMATION CO.,LTD.4.29%4 344