Orpea. Since the Orpea case, all values related to dependency have been neglected by management houses… This is the case with Bastide, whose action has corrected 45% over the last three years. In addition to the setbacks of Orpea, a debt considered too high contributes to the fall of the Bastide title. In an environment marked by rising interest rates and a contraction in bank loans, Bastide specifically indicates that it is making debt reduction its current priority. Accustomed to growing through external growth, CEO Vincent Bastide must press the brake…
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