
Eurazeo acquires Rue ImperialeÂ’s real estate portfolio
Simultaneously with the merger, the Crédit Agricole group will contribute certain assets (held within its UI division) to the new entity: its 12.6% stake in Fraikin (of which Eurazeo already holds a 43.3% stake) and its 6% share of BlueBirds (a company holding 23.1% of Eutelsat in which Eurazeo currently holds 59.6%), as well as 0.6% in Veolia Environnement (Eurazeo already has 1.1%). These assets will be contributed for a value of EUR 99m and remunerated by the issue of 1.43 million new Eurazeo shares (before distribution of bonus shares). As part of the deal, Eurazeo is set to acquire Rue Imperiale’s EUR 400m real estate portfolio
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