The Limited Times

Now you can see non-English news...

The tea towel burns between Bastide Médical and Bpifrance

2020-12-10T20:40:42.807Z


The two partners want to go their separate ways and disagree on the exit price. Nothing is going any more between Bastide Médical, and Bpifrance, minority shareholder of SIB, the holding of control (unlisted) of this company of 3000 employees. At the origin of the conflict: the desire of Bastide Médical, specialist in home health care (oxygen therapy, diabetes, etc.) and distributor of medical devices, to leave compartment B of Euronext to join Euronext Growth in 2021. This


Nothing is going any more between Bastide Médical, and Bpifrance, minority shareholder of SIB, the holding of control (unlisted) of this company of 3000 employees.

At the origin of the conflict: the desire of Bastide Médical, specialist in home health care (oxygen therapy, diabetes, etc.) and distributor of medical devices, to leave compartment B of Euronext to join Euronext Growth in 2021.

This change has been adopted by many companies this year (Fleury Michon, Euromedis, etc.) because the Growth compartment generates fewer obligations for companies.

On the other hand, it is less popular with institutional investors, which raises concerns that the securities transferred will drop.

"The way Growth works is more suited to the size and current needs of the group, while allowing it to continue to benefit from the attractiveness of the financial markets at a more reasonable cost"

, explains Vincent Bastide, CEO of the group who realized 382 million euros in turnover

This article is for subscribers only.

You have 67% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-12-10

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.