Smile Corp. agreed to acquire 64.45% stake in Alter Way SAS from Econocom Group SE (ENXTBR:ECONB) on October 12, 2021. Post completion of the transaction, Alter Way SAS will act as an operating subsidiary of Smile Corp. The new group will be led by Véronique Torner. The operation will take effect in the coming weeks once the final administrative formalities are completed.

Smile Corp. completed the acquisition of 64.45% stake in Alter Way SAS from Econocom Group SE (ENXTBR:ECONB) in October, 2021.