Vinci and Qatari Diar deal signed

Following completion of the consultation process involving Vinci's and Cegelec's employee representative bodies, Qatari Diar and Vinci have signed a binding agreement involving the transfer of 100% of Cegelec's share capital to Vinci.

In exchange for the Cegelec shares, Qatari Diar will take an equity holding in Vinci to become the second largest shareholder after the Vinci employee savings funds.

The transaction is based upon an exchange ratio of 31,5 million Vinci shares for 100% of Cegelec. The delivery of Vinci shares will comprise 66,6% of new shares and 33,3% of treasury shares.

The final completion of the transaction remains subject to clearance by the antitrust authorities in Europe and other third party countries.