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    EQS-Adhoc  113  0 Kommentare CTS EVENTIM enters put option agreement to acquire Vivendi’s festival and international ticketing activities

    Für Sie zusammengefasst
    • CTS Eventim to acquire Vivendi's festival & ticketing activities.
    • Businesses generated €137 million in revenues in 2023.
    • CTS Eventim confident transaction will be completed soon.

    EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Mergers & Acquisitions
    CTS EVENTIM enters put option agreement to acquire Vivendi’s festival and international ticketing activities

    02-Apr-2024 / 08:38 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    AD HOC DISCLOSURE 

    Public disclosure of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 (Market Abuse Regulation)

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    CTS EVENTIM enters put option agreement to acquire Vivendi’s festival and international ticketing activities 

    Paris/Munich, 2 April 2024 – CTS EVENTIM AG & Co. KGaA today announces that it has entered into a put option agreement with Vivendi to acquire Vivendi’s festival and international ticketing activities. The businesses that CTS EVENTIM is set to acquire collectively produced €137 million in revenues in 2023. The ticketing business under the See Tickets brand generated about €105 million and sold about 44 million tickets in Belgium, Denmark, Germany, the Netherlands, Portugal, Spain, Switzerland, the UK and the US. It is the number two ticketing company in the UK and a successful actor in the other markets as well. The festival business that is part of the current deal generated additional €32 million.

    On the seller’s side, this agreement is subject to the information and consultation procedures involving the relevant employee representative bodies.

    CTS EVENTIM is confident that this transaction will be completed in the coming months.


    About CTS EVENTIM
    CTS EVENTIM is the number one provider of ticketing services in Europe and number two in the world. Over 300 million tickets per year are marketed using the Company’s systems – through physical box offices and mobile/online portals. According to Pollstar’s global rankings for 2023, the EVENTIM Group is the second-biggest promoter in the world. In addition, CTS EVENTIM operates some of Europe’s most renowned venues. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is a member of the MDAX segment. In 2023, the Group generated revenue of EUR 2.4 billion across more than 25 countries.


    CORPORATE COMMUNICATIONS
    Christian Colmorgen
    Vice President Corporate Communications
    christian.colmorgen@eventim.de
     

    INVESTOR RELATIONS
    Marco Haeckermann
    Vice President Corporate Development & Strategy
    marco.haeckermann@eventim.de



    End of Inside Information

    02-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.eqs-news.com


    Language: English
    Company: CTS Eventim AG & Co. KGaA
    Rablstr. 26
    81669 München
    Germany
    Phone: 0421/ 3666-0
    Fax: 0421/ 3666-290
    E-mail: info@eventim.de
    Internet: www.eventim.de
    ISIN: DE0005470306
    WKN: 547030
    Indices: MDAX
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
    EQS News ID: 1871005

     
    End of Announcement EQS News Service

    1871005  02-Apr-2024 CET/CEST

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    CTS Eventim

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    ISIN:DE0005470306WKN:547030


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    EQS-Adhoc CTS EVENTIM enters put option agreement to acquire Vivendi’s festival and international ticketing activities EQS-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Mergers & Acquisitions CTS EVENTIM enters put option agreement to acquire Vivendi’s festival and international ticketing activities 02-Apr-2024 / 08:38 CET/CEST Disclosure of an inside …

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