Regulatory News:
Sodexo (PARIS:SW) (OTCBB:SDXAY) announced today that it has entered into
exclusive discussions with Accor regarding the possible acquisition of
the French company, Lenôtre.
Sodexo views the acquisition as a unique opportunity to develop its
portfolio of Prestige activities in France and internationally.
The transaction will be the subject of consultations with employee
representatives and will be submitted for the approval of competition
authorities.
About Sodexo
Sodexo, world leader in Quality of Daily Life Solutions
Quality of Life plays an important role in the progress of individuals
and the performance of organizations. Based on this conviction, Sodexo
acts as the strategic partner for companies and institutions that place
a premium on performance and employee well-being, as it has since Pierre
Bellon founded the company in 1966. Sharing the same passion for
service, Sodexo’s 380,000 employees in 80 countries design, manage and
deliver an unrivaled array of On-site Service Solutions and Motivation
Solutions. Sodexo has created a new form of service business that
contributes to the fulfillment of its employees and the economic, social
and environmental development of the communities, regions and countries
in which it operates.
Key figures (as of August 31, 2010)
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15.3 billion euro consolidated revenue
380,000 employees
21st largest
employer worldwide
80 countries
34,000 sites
50 million consumers served daily
8.5 billion euro market capitalization (as of July 21, 2011)
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www.sodexo.com
