Paris, 11 May 2018
Business & Decision SA has been informed of the completion of the sale of the majority shareholding held by the Bensabat Family Group to Network Related Services (Orange group) by 7 June 2018, the latest. This date results in particular from the lifting of the constraints related to the succession proceedings of the Bensabat Family Group, which will lead to the sale of 59.10% of the Company's share capital. The remaining 4.9% of the Company's capital will be acquired by Network Related Services at the end of the succession proceedings in question.
Following the acquisition of the majority block, Network Related Services will be required to file, in accordance with applicable regulations, a simplified takeover bid proposal for all the Business & Decision shares not held by it, at a price of € 7.93 per share, payable exclusively in cash (this price per share being higher than the price per share that will result from disposals of the majority block and the additional block). The filing of this proposed public offer is expected in June 2018.
31 July 2018: 2018 first half revenue, after market clo
30 August 2018: 2018 first half results, after market close
31 January 2019: 2018 full year revenue, after market close
About Business & Decision
Business & Decision, an international Consulting and Systems Integration company, is a leader in Business Intelligence (BI) and CRM, and a major player in e-Business. We leverage a unique combination of technical, functional and industry specialization, as well as partnerships with all of the key software vendors, to deliver maximum-value projects and help clients break through barriers to innovation such as Big Data and digital transformation. Business & Decision operates in 11 countries and employs over 2,400 employees in France and worldwide.
To learn more: www.group.businessdecision.com