The Financial Markets Authority (AMF) justifies this exemption from stock market regulations by “the proven situation of financial difficulty” of the mining group.
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The Financial Markets Authority (AMF) justifies this exemption from stock market regulations by “the proven situation of financial difficulty” of the mining group.
The State will not have to file a public purchase offer (OPA) during its rescue of Eramet even if it increases its capital very significantly, the Financial Markets Authority (AMF) announced on Monday, which justifies this exemption from stock market regulations by “the proven situation of financial difficulty” of the mining group.
Without the capital increase of 500 million euros planned by the end of the year by Eramet, the group "will have significant difficulties in refinancing its debt", and its continuity of operation "could be hampered", observed the AMF in a notice on Monday. A precarious financial situation is a reason for exemption from the launch of a takeover bid, normally obligatory when a shareholder intends to acquire more than 30% of the capital or voting rights of a company.
Machine-translated from French
2 independent newsrooms report this story. BFM Business published it first, 6 min before the last one.
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Carried by 2 newsrooms | +5 |
| Total | 83 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.
