Derichebourg and Elior discuss a merger in services











Photo credit © Reuters


PARIS (Reuters) – Derichebourg and Elior announced on Thursday that they were holding discussions on the takeover by the collective catering group of the services branch of Derichebourg.

In two separate press releases, the two groups confirmed that they were in negotiations as part of the strategic review conducted by Elior since July, after information to this effect from the Bloomberg agency.

“Following recent articles and following on from the announcements made on July 4 and November 23 by Elior Group on the review of its strategic options, Elior Group confirms that one of these options is under discussion with Derichebourg and concerns the possible contribution by Derichebourg of its services branch to Elior Group,” Elior said in a press release.

“There is no certainty as to the outcome of these discussions,” adds the group.

In a separate press release, Derichebourg specifies for its part that it does not intend to file a public tender offer (OPA) for Elior.

Elior, of which Derichebourg is the largest shareholder with 19.6% of the capital, has seen its activity mistreated by the COVID-19 crisis and is currently carrying out difficult renegotiations of contracts with its customers, particularly in France, to deal with the outbreak. food prices.

The group, which announced its third annual loss on Wednesday, said it was then about to finalize its strategic options in the coming weeks.

On the Paris Stock Exchange, Elior shares soared 7% on Wednesday morning. The quotation of the Derichebourg share was suspended.

(Written by Myriam Rivet and Blandine Hénault, edited by Nicolas Delame)










click here for restrictions
©2022 Reuters



Source link -87