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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rubis | EU:RUI | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.36 | -1.28% | 27.72 | 27.72 | 27.76 | 28.04 | 27.72 | 28.02 | 25,081 | 14:47:36 |
3 October 2017, 5:35 p.m.
Rubis has signed an agreement to purchase from EG Retail (France) SAS (previously EFR France) its fuel distribution business based in Corsica as well as the associated logistics.
EG Group is a specialist fuel marketer present across Europe strong of 2,700 petrol gas stations generating a turnover of €6bn.
The transaction will include:
The petrol gas stations network will gradually shift to ViTO©, Rubis Corsica visual identity by the end of the transition period.
This acquisition is perfectly in line with Rubis' strategy to seize all opportunities to build up its positions.
This additional business along with the expected synergies will positively contribute to Rubis profitability as soon as the transaction is completed by end October.
Next event:
Third-quarter revenue on 9 November 2017 (after market close)
Media contact | Analyst contact |
PUBLICIS CONSULTANTS - Aurélie Gabrieli | RUBIS - Investor Relations |
Tel: +33 (0)1 44 82 48 33 | Tel: +33 (0)1 44 17 95 95 |
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1 Month Rubis Chart |
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