(CercleFinance.com) – Chargeurs announced Thursday that its board of directors had decided in favor of the public takeover offer launched last month by the CEO for the company’s shares.
The board – which had set up an ‘ad hoc’ committee mainly composed of independent directors in order to prepare a reasoned opinion on the draft offer – indicates that it has also appointed an independent expert, the firm Didier Kling Expertise & Conseil, who concluded that the offer price of 12 euros was ‘fair’ from a financial point of view for the security holders.
The board of directors therefore unanimously gave a positive opinion on the operation, considering that it was in line with the interests of the company, its shareholders and its employees.
It recommends that shareholders tender their shares to the offer.
On December 14, the holding companies Colombus Holding and Colombus Holding 2, controlled by the CEO by Michaël Fribourg, expressed their intention to file a takeover bid, without however proceeding with a delisting.
From an operational point of view, Chargeurs – which will publish its annual results on February 15 – has declared that it is targeting consolidated annual turnover in excess of 650 million euros for 2023, with an operating profit from activities (ROPA) of between 24 and 26 million.
The stock changed little (+0.2%) following these announcements, at a level still very close to the price stated in the takeover bid.