Disney in the United States fully takes over the offer, and Disney in Europe will continue to inject large amounts of capital in order to get off to a good start

According to a report by France's Le Monde on February 13, the Walt Disney Company of the United States announced on February 10 that it plans to bid for an investment of 150 million euros to purchase the remaining 23% stake in European (Paris) Disney, located in the Marne Valley, a suburb of Paris, which has suffered losses for many years. Take over its 100% equity.

Original title: Disney plans to buy back shares in Paris Disney

According to a report by France's Le Monde on February 13, the Walt Disney Company of the United States announced on February 10 that it plans to bid for an investment of 150 million euros to purchase Europe, located in the Marne Valley, a suburb of Paris, which has suffered losses for many years.(Paris) Disney's remaining 23% stake in order to fully take over its 100% stake.

According to reports, European Disney has achieved certain commercial success. After experiencing initial difficulties, European Disney has become one of the most popular tourist attractions in Europe. However, its financial operating conditions have always been unsatisfactory, with only 7 years of profit in 25 years. Recently affected by terrorist attacks and the national emergency, the performance of France's tourism industry has fallen sharply, and Paris Disney's efforts to improve its performance have been blocked. Since its opening in April 1992, European Disney has fallen into asset-liability crises many times and has carried out four financial restructurings.

Reported that European Disney's assets on the stock market have shrunk by 77%, and minority shareholders have expressed strong dissatisfaction. CIAM fund Ms. Katerina said that the company could have broken even, but over the years, the company's funds have been paid for copyright and management fees. Sent to the United States, European Disney can be regarded as a typical example of the mismanagement and poor operation of the American Disney Group.

Reported that Disney Company of the United States has acquired 10% of Saudi Prince Alwalid's European Disney shares, and plans to also purchase shares of other shareholders at 2 euros per share, which is higher than the current European Disney share price of 67%. Disney of the United States will fully take over European Disney to avoid interest disputes with other minority shareholders. The company is full of confidence in the future development of European Disney and will continue to inject large amounts of capital. In order to get off to a good start, European Disney will launch an attractive new initiative from Star Wars on March 26.

Editor: Nancy