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DGAP-Adhoc: CTS Eventim AG & Co. KGaA: CTS EVENTIM AG & Co. KGaA and Fnac Darty S.A. agree strategic ticketing partnership in France

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0 0 31.10.19
DGAP-Adhoc: CTS Eventim AG & Co. KGaA: CTS EVENTIM AG & Co. KGaA and Fnac Darty S.A. agree strategic ticketing partnership in France: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23704/EVE_Logo.svg.png
 

DGAP-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Investment
CTS Eventim AG & Co. KGaA: CTS EVENTIM AG & Co. KGaA and Fnac Darty S.A. agree strategic ticketing partnership in France

31-Oct-2019 / 18:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

AD HOC ANNOUNCEMENT

CTS EVENTIM AG & Co. KGaA and Fnac Darty S.A. agree strategic ticketing partnership in France

Munich/Ivry, 31 October 2019. CTS EVENTIM AG & Co. KGaA and Fnac Darty S.A. have successfully concluded their negotiations on a strategic partnership for their French ticketing activities. The transaction was signed today and will be formally closed shortly.

As planned, CTS EVENTIM will acquire 48 percent of the shares in France Billet, the ticketing subsidiary of Fnac Darty and market leader in France. At the same time, CTS EVENTIM will contribute its existing activities in France to the partnership. CTS EVENTIM also has the option to acquire a majority stake in the combined company four years from the date of the closing of the transaction.
 

About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of Ticketing and Live Entertainment. In 2018, approx. 250 million tickets were marketed using the company's systems - through stationary box offices, online or mobile. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group also includes many concert, tour and festival promoter companies for events like 'Rock am Ring', 'Rock im Park', 'Hurricane', 'Southside', and 'Lucca Summer'. In addition, some of Europe's most renowned venues are operated by CTS EVENTIM, for example the LANXESS arena in Cologne, the Waldbühne in Berlin and the EVENTIM Apollo in London. CTS EVENTIM AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the MDAX segment. In 2018, its 3,141-strong workforce generated more than 1.2 billion Euros in revenue in 21 countries.
 

For further information, contact:

Corporate Communications:
Christian Steinhof
Head of Corporate Communications
Tel.: +49.40.380788.7299
[email protected]

Investor Relations:
Marco Haeckermann
Vice President Corporate Development & Strategy
Tel.: +49.421.3666.270
[email protected]

31-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: CTS Eventim AG & Co. KGaA
Rablstr. 26
81669 München
Germany
Phone: 0421/ 3666-0
Fax: 0421/ 3666-290
E-mail: [email protected]
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: 902241

 
End of Announcement DGAP News Service

902241  31-Oct-2019 CET/CEST

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CTS Eventim AG & Co. KGaA Stock

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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