Parot Group: definitive finalization of the sale of the majority block to NDK







Photo credit © ChaunuPictures

(Boursier.com) — The Group Parot announces the final finalization of the transfer of the majority stake Groupe Parot, at a price of 8.83 euros per share, to NDK, the parent company of the Tressol-Chabrier Group. NDK becomes, as of today, the new majority shareholder of Groupe Parot with 77.67% of the shares held.

The submission of the draft compulsory simplified public purchase offer with the intention of delisting by NDK on the balance of Groupe Parot shares, not including the treasury shares held by Groupe Parot, at a price of 8.83 euros per share, should take place no later than the end of July 2024.
The Parot Group and NDK remain committed to maintaining transparent communication and informing the market of any significant developments.


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