Rothschild & Co: delisting in sight


(AOF) – Concordia, the holding company of the Rothschild family, and the members of the concert hold 88.74% of the capital and 91.25% of the voting rights of Rothschild & Co following the public purchase offer simplified, according to the AMF.

Furthermore, knowing that Concordia and Rothschild & Co Partners are also able to acquire, under the cross purchase and sale promises and transfer commitments for the benefit of Rothschild & Co Partners concluded on July 28 and August 4, 6.91% of the capital and 4.54% of the voting rights of this company, the concert’s holding amounts to 95.65% of the capital and 95.79% of the voting rights of this company.

Building on this result, Concordia will soon submit a request to the AMF for implementation of the squeeze-out procedure, in accordance with what was indicated in the information note relating to the offer. The squeeze-out will be made under the same financial conditions as the offer, i.e. 38.60 euros per Rothschild & Co share.

The Rothschild & Co share price has been suspended pending the implementation of the squeeze-out.

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