Eiffage Strengthens Stake in Getlink, Surpasses 25% Threshold

Eiffage, a construction giant, has increased its investment in Getlink by acquiring 39,106,453 shares, representing 7.11% of the company's capital. This acquisition allows Eiffage to hold 27.66% of Getlink's capital and 29.90% of its voting rights, solidifying Eiffage's position as the largest shareholder. The move underscores Eiffage's commitment as a long-term investor in Getlink, a stance they have maintained since becoming a shareholder in 2018.

With this strategic investment worth 692 million euros, funded entirely through Eiffage's available cash, the company emphasizes that it has no plans to initiate a public offer for the remaining shares. The agreement includes a clause that adjusts the price if Eiffage sells or buys shares at higher prices within 18 months.