Merger project between Makheia Group and NetMedia Group with a view to forming a new French communication leader
At the end of the Board of Directors meeting on October 13, Makheia Group announces the launch of a merger project with Net Media Group, (which recently entered the capital of the Group and whose reference shareholder is Pascal Chevalier, President of Reworld Media). The operation will be carried out by merger-absorption of NetMedia Group by Makheia Group.
The objective is to create a new French leader in BtoB media, communication and content marketing.
The new Group, thus formed, will enter the Top 5 independent communication groups.
A process for an effective merger on December 31
This project will be the subject of a new decision by the Board of Directors of Makheia Group, at the end of which the merger agreement will be adopted and will be submitted for the approval of the extraordinary general meeting of shareholders of Makheia, which will be called to meet in December 2022, as well as that of NetMedia Group.
This operation follows the entry of NetMedia Group into the capital of Makheia Group, which took place in mid-September. As a reminder, NetMedia Group acquired a block of 10,071,812 shares, i.e. 20% of the capital of Makheia Group, as well as the last tranche of convertible bonds held by Isatis Capital.