LeGuide.com Group : LeGuide.com announces successful closing of Ciao acquisition
(Thomson Reuters ONE) -
Press release
Paris, March 19(th) 2012
LeGuide.com announces successful closing
of Ciao acquisition
LeGuide.com announces today the closing of European shopping guide acquisition.
This announcement follows a purchase agreement that was signed with Microsoft
December 20(th) 2011. With this acquisition, LeGuide.com becomes the European
leader of shopping guides.
A total audience of 31.8 million Unique Visitors[1]
With an audience of 16.8 Million Unique Visitors for LeGuide.com and 19.1
Million of Unique Visitors for Ciao, LeGuide.com becomes the European leader of
shopping guides with a unique total unduplicated audience of 31.8 Million Unique
Visitors.
Corinne Lejbowicz, Chairman of LeGuide.com group declares: "We are delighted to
have finalised this acquisition. It represents a considerable step forward in
our development strategy. Our new company profile provides us a powerful and
unique position on the European market in addition of having a strong European
brand. Our objective is to combine the two organisations' expertise and
technologies. We are focused on helping online shoppers make wise online
purchase decisions and provide e-merchants increased sales and awareness
opportunities, concludes Corinne Lejbowicz."
Terms of the acquisition
This acquisition subject to strict confidentiality agreements, has entirely been
realised in cash and without debt.
About LeGuide.com Group
LeGuide.com Group, a publisher of online shopping guides, comparison websites,
shopping search engines and platforms for consumer ratings, has a total audience
of 16.8 Million Unique Visitors. LeGuide.com is present in 14 European
countries through a multi-site strategy surrounding a brand portfolio, including
leguide.com, dooyoo.com, mercamania.com and antag.com. The group that lists 164
million offers from 74 500 e-merchants has generated ?28.2 million in revenue in
its 2011 financial year. LeGuide.com has been certified as an "Innovative
company" by OSEO (a French public agency that supports SMEs) and is listed on
the Alternext board of NYSE Euronext Paris (ticker: ALGUI; ISIN code:
FR0010146092).
* source : Comscore, January 2012
LeGuide.com
Olivia Fuchs Anaïs de Scitivaux
+33 1 55 43 37 29 +33 1 56 88 11 14
finance(at)leguide.com adescitivaux(at)actifin.fr
For more information: www.leguide.com/finance
[1] Comscore Audience January 2012
LeGuide.com announces closing purchase of Ciao Europe:
http://hugin.info/151397/R/1595124/502286.pdf
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originality of the information contained therein.
Source: LeGuide.com Group via Thomson Reuters ONE
[HUG#1595124]
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