Edenred SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Edenred SA Creates Joint Venture with Banco Espirito Santo SA in Portugal
Edenred SA announced the creation of a joint venture with Banco Espirito Santo SA in the Portuguese employee benefits market. The companies are creating a 50/50 joint venture that will be a provider of employee benefits solutions in Portugal. Banco Espirito Santo SA, which has been present in the Portuguese meal voucher market since 2004, will contribute its client portfolio and distribution capacity in exchange for 50% of the shares of Edenred Portugal. Edenred SA will be responsible for the day-to-day management of the joint venture, which will sell prepaid solutions to companies, including meal vouchers, education vouchers and gift vouchers.
- Share this
- Digg this