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FDJ Signs Deal to Acquire Bimedia

FDJ Signs Deal to Acquire BimediaReading Time: < 1 minute

 

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.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FDJ Signs Deal to Acquire Bimedia

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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