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FDJ Signs Deal to Acquire Bimedia

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6 years ago

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FDJ Signs Deal to Acquire Bimedia
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FDJ has signed a contract to acquire payment service provider Bimedia from private equity and venture capital firm Idinvest Partners. The acquisition would be made based on an enterprise value of less than €50 million, financed from the Group’s own funds.

This acquisition would enable FDJ to accelerate the development of its “Payment and Services” business, in line with its 2025 strategic plan. FDJ thus confirms its commitment to support the development and modernisation of its retail distribution network by offering value-added services.

The completion of this transaction is subject to the usual suspensive conditions, including approval by the French Competition Authority.

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