Can the AMF declare the proposed takeover bid filed Monday morning non-compliant?
The Stock Exchange policeman is under pressure.
Would the Autorité des marchés financiers consider the submission of Veolia's offer to be valid, given the order of the Nanterre commercial court prohibiting it?
On Monday, he published the notice of the takeover bid, offering a victory to Veolia.
But the procedure is not over.
The AMF has one month to decide on the compliance of this offer.
It has happened that a public offer has not been validated by the authority.
The latest example to date, the proposed exit from the listing of SFR, proposed in 2016 by Altice.
Patrick Drahi's group had to wait four years before completing their project.
In 2007, the AMF deemed non-compliant the Eiffage takeover bid presented by the Spanish Sacyr.
The Stock Exchange policeman examines the conformity of an offer based on many criteria: transparency, fairness in the transaction or equality of treatment and information.
The debate around Veolia's communication and its desire to
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