Nexity has announced that it has entered into exclusive negotiations with a view to selling 100% of its retail services business to Bridgepoint, a European leader in alternative asset management, on the basis of an enterprise value of 440 ME.

This transaction would be accompanied by the conclusion of a strategic partnership agreement designed to perpetuate and amplify existing synergies with Nexity's activities.

The proposed transaction is in line with the adaptation of Nexity's strategic roadmap to the new market environment announced on October 25, at the time of the publication of its 2023 quarterly results, at which time the Group declared that it had initiated a process to seek strategic and financial partners in its management and distribution businesses.

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