Hamburg – MDAX-listed CTS Eventim AG & Co. KGaA, the number one provider of ticketing services in Europe and number two in the world, has today entered into a put option agreement with companies in the listed French media group Vivendi. This grants Vivendi the right to sell to CTS Eventim all the shares in the companies that are part of its festival and international ticketing activities.
Vivendi will now conduct a consultation procedure with the relevant employee representative bodies so that it can decide on accepting the put option.
Vivendi’s ticketing business includes See Tickets UK, the second-biggest ticketing firm in England, along with other companies in Europe and the US. These companies sold a total of around 44 million tickets in the 2023 financial year. The deal does not include the shares in Vivendi’s French ticketing company, See Tickets SAS. The festival business operated by Vivendi includes companies from England and France that organise festivals such as Junction 2 and Garorock.
CMS advised CTS Eventim on all aspects of the transaction. The team headed by Henrik Drinkuth worked closely with several CMS offices in countries including France, England, Spain, Switzerland and the Netherlands.
CMS Germany
Dr Henrik Drinkuth, Lead Partner
Dr Hendrik Quast, Senior Associate, both Corporate/M&A
Prof. Malte Grützmacher, Partner, IT/Data Protection
Christoff Soltau, Partner
Alexander Laute, Senior Associate, both Competition
Dr Martin Gerecke, Partner, Media Law
CMS France
Alexandra Rohmert
Vincent Desbenoit
Dylan Allali, all Corporate/M&A
Claire Vannini
Guillaume Melot, both Competition
CMS UK
John Enser, TMT
Nick Crosbie
Jade Tran
Maria Doran, all Corporate/M&A
CMS Spain
Luis Miguel De Dios
Jorge Peris Hevia, both Corporate/M&A and Commercial
CMS Portugal
Miguel Santos Ferreira, Corporate/M&A and Commercial
CMS Switzerland
Stefan Brunnschweiler
Andrea Relly
Anna Mast, all Corporate/M&A
CMS Netherlands
Elmer Veenman
Bob Barnhoorn, both Corporate/M&A and Commercial
Press Contact
presse@cms-hs.com
