French group Bolloré obtains the necessary authorisations for the sale of Bolloré Africa Logistics to MSC Group

On Thursday, December 1, 2022, the Bolloré Group announced through a press release that the regulatory and competition authorities’ authorisations which condition the sale of Bolloré Africa Logistics to the MSC Group have been obtained.

According to the press release, the sale could take place in the next few weeks, as in accordance with the agreements concluded with the MSC Group, it should take place by the end of the first quarter of 2023 at the latest.

As a reminder, on 31 March 2022, the signing of the agreement providing for the sale of Bolloré Africa Logistics to the MSC Group, regrouping all the transport and logistics activities of the Bolloré Group in Africa, was announced on the basis of an enterprise value, net of minority interests, of 5.7 billion euros.

Maritimafrica