LE FIGARO INFO – Holding more than 5% of the capital, they ask for a general meeting.
Battle in sight at Orpea. In turmoil since the publication, at the end of January, of the book The Gravediggers , the French Ehpad giant has been in conciliation since October 26. He has four months to find an agreement with his creditors. Two of its shareholders, Mat Immo Beaune (holding of the Péculier family) and the Nextstone fund (especially specializing in real estate) have come together to act in concert under the name of Concert’O. Together, they hold 5.3% of Orpea and are determined to influence the strategy of the group’s new management.
This strategy involves converting part of the debt into capital (4.3 billion out of the 9.5 billion) and raising new money, in capital or in debt. On this occasion, the Caisse des dépôts (CDC), accompanied by other investors, could enter the capital of Orpea. This would greatly dilute the current shareholders and cause losses for the holders of the 4.3 billion debts. The direction…
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