Chargeurs announced on Thursday that its Board of Directors had voted in favor of the takeover bid launched last month by the CEO for the company's shares.

The Board - which had set up an "ad hoc" committee made up mainly of independent directors to prepare a reasoned opinion on the proposed offer - said it had also appointed an independent expert, Didier Kling Expertise & Conseil, which concluded that the offer price of 12 euros was "fair" from a financial point of view for shareholders.

The Board of Directors therefore unanimously issued a positive opinion on the transaction, considering it to be in the interests of the company, its shareholders and its employees.

It recommends that shareholders tender their shares to the offer.

On December 14, the holding companies Colombus Holding and Colombus Holding 2, controlled by CEO Michaël Fribourg, announced their intention to file a takeover bid, without however delisting their shares.

From an operational point of view, Chargeurs - which will publish its annual results on February 15 - stated that it was targeting consolidated annual sales in excess of €650 million for 2023, with operating profit from ordinary activities (ROPA) of between €24 and €26 million.

The share price was little changed (+0.2%) following these announcements, at a level still very close to the takeover bid price.

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