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(Boursier.com) — The Parot Family and NDK, holding company of the Tressol-Chabrier Group,
announce that they are entering into exclusive negotiations with a view to the acquisition by NDK of a majority stake, i.e. 77.67% of the capital of the company Groupe Parot.
The transfer of the Control Block would be carried out at a price per Groupe Parot share of 8.83 Euros.
In the event of the acquisition of the Control Block being completed, NDK will file a draft mandatory simplified public purchase offer on the balance of the Parot Group shares, not including the treasury shares held by the Parot Group, at a price of 8 .83 Euros per share.
NDK intends, in the event of reaching the legal threshold at the end of the OPAS, to implement a compulsory withdrawal of Groupe Parot shares not contributed to the OPAS in accordance with the regulations in force.
The acquisition of the Control Block and the deposit of the OPAS would probably take place at the end of the 1st quarter of 2024 for a deposit of the OPAS at the beginning of the 2nd quarter of 2024 and a settlement-delivery of the OPAS at the beginning of the 3rd quarter 2024.
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