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Vinci SA in talks with Ardian and Credit Agricole Assurances over investment in Vinci Park

Wednesday, 12 Feb 2014 01:30am EST 

Vinci SA:Says Ardian, Credit Agricole Assurances and Vinci started exclusive talks with a view to creating a company that would own 100 percent of Vinci Park’s share capital.Says the company would be owned 37.5 percent by Ardian, 37.5 percent by Credit Agricole Assurances and 25 percent by Vinci Concessions.Says the deal would involve the external investors acquiring the equity interest in Vinci Park on the basis of an enterprise value of 1.96 billion euros.