The De Nolf family makes a bid for media company Roularta: share will be almost a quarter higher
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Koinon, the investment vehicle of the West-Flemish entrepreneurial family De Nolf, makes a takeover bid for Roularta Media Group. The FSMA reports that.
The bid hits all the shares that the founding family does not yet hold. The bid price is 15.5 euros per share: which represents a premium of 24.5 percent compared to Thursday's final race.
The De Nolf family already holds 72.30 percent of the shares through Koinon today. Roularta Media Group itself holds 11.57 percent its own shares. The bid is also supported by West Investment Holding, which contributes 3.75 percent of the shares. The latter is an investment vehicle of the Claeys family, related to the De Nolf family.
The West-Flemish media group Roularta was founded in 1954. The company is mainly known as a publisher of magazines such as Knack, Le Vif/L'Express, Trends, Flair or Libelle. Half also participates in Mediafin, the publisher of Zakenkant De Tijd, and owns channel Kanaal Z/Canal Z. Roularta is also active as a publisher in the Netherlands and is active as a printing company.
In 2024, the media group was good for a turnover of 320.3 million euros, slightly less than the year before. The EBITDA profit (that is the profit for interest, taxes, depreciation and depreciation) increased by 5.5 million euros to 27.1 million euros. Netto remained 6.1 million euros in the past year.
Roularta share is almost quarter higher
The price of the share of Roularta Media Group will shoot almost a quarter higher on the Brussels stock exchange on Friday, up to 15.40 euros. The trade in the share was suspended until 11 am on Friday morning.