Sopra Steria Group SA (LTS:0NJQ)
€ 178.25 0.75 (0.42%) Market Cap: 3.62 Bil Enterprise Value: 5.14 Bil PE Ratio: 18.92 PB Ratio: 1.84 GF Score: 85/100

Sopra Steria Group SA, Ordina NV - to Discuss the Acquisition of Ordina Call Transcript

Mar 21, 2023 / 07:30AM GMT
Release Date Price: €186.75 (-1.50%)
Operator

Good morning ladies and gentleman, and welcome to this Sopra Steria webcast to talk about the current acquisition of Ordina. I will now handover to Cyril Malarge, CEO, over to you.

Cyril Malarge
Sopra Steria Group SA - Group CEO

Thank you. Good morning. Welcome to this webcast organized this morning following the announcement that we've just made with regards to our planned acquisition of Ordina. So I'll be leading this meeting with Etienne du Vignaux, Group CFO. And I'd like to suggest that we go over the main components of the transaction, and then we'll have a Q&A session afterwards. So first of all, a few words on the transaction context, which we're delighted to present this morning. This is obviously a strategic milestone for Sopra Steria.

On the 21st of March 2023, we signed a merger protocol with Ordina in order to acquire 100% of ordinary shares, making up the company's capital. So the offer price stands at EUR 5.75 per share, which represents a total value of EUR 480 million for 100% of shares. This offer is unanimously supported by the

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