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Takeover of Equans: the home stretch

2021-10-24T21:38:07.871Z

The submission of offers to buy the subsidiary of Engie will take place on November 2. The good, the bad and the ugly. Certainly easy, the comparison is not unfounded in the Equans case, the energy services subsidiary put up for sale by Engie. They are now only three - the investment fund Bain Capital and the industrialists Bouygues and Eiffage - to want to submit a firm offer on November 2. And, in this capitalist western, everyone sees themselves in the role of the good. Read als



The good, the bad and the ugly.

Certainly easy, the comparison is not unfounded in the Equans case, the energy services subsidiary put up for sale by Engie.

They are now only three - the investment fund Bain Capital and the industrialists Bouygues and Eiffage - to want to submit a firm offer on November 2.

And, in this capitalist western, everyone sees themselves in the role of the good.

Read also

The sale of Equans by Engie turns into a rat race

Under pressure, Engie's board of directors will not consider bids based on price alone.

"The board will look at the offers according to four criteria, including the industrial project, social commitments and execution capacity"

, according to a source close to the energy company.

The board should create an ad hoc committee.

And the procedures for examining the offers could be specified in the week.

Battle of promises

In this final stretch, Bain Capital is the one who tries the most to move the lines.

From the start, he has said that Equans will remain a French company and that his goal is to list it on

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Source: lefigaro

All business articles on 2021-10-24

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