Eiffage S.A.

M&A Activity • Nov 20, 2019

Vélizy-Villacoublay, Novembre 20, 2019 22:30

Press release

Eiffage strengthens its ownership in APRR and ADELAC and is supporting the evolution of the governance of its co-shareholder MAF2

Eiffage has entered today into an agreement with a view to acquire 4% of MAF2 capital, an indirect shareholder of APRR (50% less 1 share) and of ADELAC (25.1 %).

Once completed, this negotiated transaction with the current MAF2 shareholders, representing a net investment of close to 150 million euros, will allow Eiffage to indirectly strengthen by 2% its ownership in APRR and ADELAC (A41 north) through MAF2 and to support the evolution of its governance.

Furthermore, and with a view to assist APRR in its missions, a services agreement1 will be entered into with Eiffage.

Finally, APRR shareholders have decided to launch the work for the APRR and Eiffarie early refinancings.

This investment in MAF2, which will be financed by Eiffage using its available cash, is subject to usual and regulatory conditions precedents and should be closed during the 1st semester of 2020.

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Investor relations Press contact Xavier Ombrédanne Sophie Mairé Tel.: + 33 (0)1 71 59 10 56 Tel.: + 33 (0)1 71 59 10 62 E-mail: xavier.ombredanne@eiffage.com E-mail: sophie.maire@eiffage.com

¹ Annual amount of 14.3 million euros