Icade buys 81.5% stake in corporate events group Comet for about EUR 40 million

Reuters2026/07/30 16:14

By:Reuters

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Icade agreed to buy an 81.5% stake in corporate events group Comet, expanding its office real estate offer into hospitality-style services.
Total cost set at about EUR 40 million, rising to about EUR 55 million including an earn-out tied to 2026 performance targets.
Comet runs 12 sites in Paris and the Ile-de-France region, with two more in Europe, serving about 7,000 corporate clients.
The target posted 2025 revenue of EUR 43.9 million, with positive operating profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icade SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Icade buys 81.5% stake in corporate events group Comet for about EUR 40 million

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