Michaël Fribourg, BNP Paribas Développement SA, SCR, Crédit Mutuel Equity SCR and Groupama Assurances Mutuelles intends to file a voluntary public tender offer to acquire remaining stake in Chargeurs SA for ?12 per share.

Michaël Fribourg, BNP Paribas Développement SA, SCR, Crédit Mutuel Equity SCR and Groupama Assurances Mutuelles intends to file a voluntary public tender offer to acquire remaining stake in Chargeurs SA (ENXTPA:CRI) for ?12 per share on December 14, 2023. The Board of Directors has approved the principle of this transaction, pending the opinion of the employee representative bodies and the independent expert's report, and without prejudice to the reasoned opinion it will be required to issue following the opening of the offer. The Board of Directors has taken note of the Offeror's intention not to seek the implementation of a squeeze-out procedure in the event of a successful offer and satisfaction of the regulatory conditions.

Didier Kling of Didier Kling Expertise & Conseil acted as as independent expert to Board of Directors of Chargeurs.