GL events
Welcome to the world of events!
As a leading global player in the events sector, GL events operates in the three main events markets: congresses and conventions, sporting, cultural and political events, and trade shows and consumer fairs.
© Odile Decq architect / Felice Varini – Nicolas Rodet
GL events
Commonwealth Games Gold Coast 2018
GL events, official supplier of temporary grandstand seating for the Gold Coast 2018 Commonwealth Games in Australia. A total of 60,000 temporary seats were installed in thirteen venues.
Commonwealth Games   Gold Coast 2018
Matmut Stadium Inauguration
The project to renovate and modernise the Matmut Stadium in Gerland, launched by Olivier Ginon, the Chairman of GL events, highlights the Group's expertise in terms of engineering, architecture and asset management. The stadium is now home to the LOU Rugby team.
© Nicolas Rodet
Matmut Stadium Inauguration
Geek and Games at the Riocentro
Brazil’s largest event devoted to pop culture and video games is organised and hosted by GL events at the Riocentro, in Rio de Janeiro.
© Light Press 2017
Geek and Games at the Riocentro
Cannes Film Festival
For more than 20 years, GL events has been providing top-of-the-range, tailor-made services for one of the world's most prestigious film festivals.
© Alexandra Fleurantin
Cannes Film Festival
Equita Lyon
The Lyon Equestrian Show, organised and hosted by GL events at Eurexpo, is the largest indoor equestrian event in France.
© Gilles Galoyer
Equita Lyon
"Nuits Sonores" Music Festival
GL events provides the audiovisual services for this major electronic music festival!
© Laure Rousville
"Nuits Sonores" Music Festival
Sirha Green
The first trade fair devoted to ecological food-services. Organised and hosted by GL events, the event brings together the sector’s professionals to address the issues of social and environmental responsibility.
© Diph Photography
Sirha Green
Première Vision Paris
Organised and hosted by GL events, the reference event for the fashion world was held at the Maison de la Mutualité in Paris. It owes its success to its avant-garde selection, bringing together many new products, services and innovations.
© Alexandra Fleurantin
Première Vision Paris
Light Festival Lyon
GL events Audiovisual, an official partner and service provider to the Lyon Light Festival, draws on its expertise and talent for several artistic projects in various venues during this international event.
© Thierry Perre / Partners’ Club of the ‘Fête des Lumières’ / Lyon Light Festival 2017
Light Festival Lyon
Back to Press releases 2000

Unibail and Générale location

On January 13th, 2000, the Council of Financial Markets has pronounced admissible Unibail 's new higher bid announced on the 4th of January 2000 and offering 117 Euros per Paris Expo share. Furthermore, Générale Location took note the recommendation of the Paris Expo Board of Directors published the 10th of January 2000 in response to the takeover bid on Paris Expo lodged by Générale Location on the 13TH OF December 1999 (information report of the 29th of December 1999 carrying the stamp of the Commission of the Stock Exchange Operations n° 99-1594 dated the 23rd of December 1999).

With this in mind, Générale Location considers that it is not in the interest of all the actors in the profession (more specifically show organizers, renters of halls and service providers) to make a higher bid and propose a price superior to the one offered by Unibail. Though solidly based on its assets and benefiting from the full trust of its financial partners, Générale Location rules out the possibility to bid higher, decides to drop its takeover bid, and to bring over the 23.5 % of the capital of Paris Expo it holds to the offer made by Unibail. In pursuance of the clause 5.2.9 of the general regulation of the Council of the Financial Markets, Générale Location will go to the Council of Financial Markets, so that it certifies the withdrawal of its offer as soon as the calendar imposed on Unibail' s offer is published.

At the end of this operation, Générale Location will have at its disposal an equity capital estimated above 400 million French Francs (taken into account a capital gain before tax of about 160 million French Francs) and will reduce to nil its net indebtedness. This will allow Générale Location to increase its internal growth and to pursue and intensify its development projects. Générale Location acknowledges Unibail' s will to actively cooperate at all its different exhibition centers and venues for special events, including Paris Expo, at the end of the current takeover bid, the turn-out of which is easily predictable.

Générale Location wishes to thank all those who trusted it and shared its views on strategy and first of all its shareholders as well as the Chamber of Commerce and Industry of Paris and the Committee of Exhibitions of Paris. It wishes Paris Expo to go on in the reinforcement of its development.

On the 2nd of February, Générale Location will communicate its net sales for the 4th quarter of 1999.


UNIBAIL


Within the process of takeover bids and counter-bids lodged by Unibail and Générale Location on the shares of Paris Expo and in view of the last higher bid deposited by Unibail on the 4th of January 2000 at the price of 117 Euros per Paris Expo share, Unibail and Générale Location have reach a rapprochement.

At the end of the discussions, it appeared that a prolonged stock exchange battle would harm Paris Expo, show organizers, exhibitors and services providers. Consequently, Générale Location took the decision to withdraw its offer and to bring over the Paris Expo shares which it holds to the higher bid lodged by Unibail.

Unibail pays tribute to Générale Location 's sense of responsibilities and to its management. Acknowledging Générale Location' s competence and know-how in its profession, Unibail commits itself to pursue and to deepen business and technical relationships with the group Générale Location, on the site of Paris Expo itself as well as on other sites in the Paris area managed by Unibail.

Furthermore, Unibail will welcome with interest proposals which Générale Location could make concerning the development of new events based on what the group Générale Location had already put forward within the framework of its initial project about Paris Expo. To this end, a work group will be created, at the end of the takeover bid, between Unibail and Générale Location in order to research ways to implement these proposals.

In this context, Unibail is thus convinced that with all the world partners of shows, congresses and exhibitions, it will be able in the best possible conditions to bring this great industrial project established along with Paris Expo to a successful conclusion, and enhance the international radiance of the City of Paris.

 

GL events, bringing people together

Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone :  + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : infos.finance@gl-events.com


Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581
Code LEI : 9695002PXZMQNBPY2P44

Contacts

Erick Rostagnat - Managing Director Corporate Finances and Administration:
info.finance@gl-events.com
Tel : +33(0)4 72 31 54 20

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