Page "Rexel" Paragraph 78

Rexel was listed on the Paris stock exchange for the first time in 1983 ( ISIN code: FR0010451203 ).

The Group was then acquired in 1990 by the Pinault Group.

On December 13, 2004, the PPR Group signed off on the sale of its subsidiary Rexel to the investment consortium Ray Investment, composed mainly of Clayton Dubilier & Rice, Eurazeo and Merrill Lynch Global Private Equity ( as known as BAML Capital Partners since 2009 ).