The Limited Times

Now you can see non-English news...

Four candidates for the takeover of "La Provence"

2021-11-25T19:34:56.551Z

DECRYPTION - Xavier Niel, natural buyer of the title, faces offers from CMA-CGM, La Dépêche du Midi and Fiducial.



Will Xavier Niel win the bet?

The newspaper

La Provence

, in Marseille, has been the object of all covetousness since the disappearance, on October 3, of Bernard Tapie.

Through his companies, placed in liquidation in April 2020 after the cancellation of the arbitration in the Crédit lyonnais-Adidas case, the late businessman owned 89% of

La Provence

.

See also

Xavier Niel, the fan of betting on the press

Positioned as the natural buyer of the title, Xavier Niel, boss of Free and personal shareholder of the Le Monde Group, notified the Competition Authority of his plan to take exclusive control of the newspaper, via his holding company NJJ, which already owns 11% of the capital.

But he was challenged by a major competitor: the Marseille maritime group CMA-CGM, led by Rodolphe Saadé.

The La Dépêche du Midi Group has also prepared a takeover file, a few days before the end of the call for tenders procedure, Tuesday, November 30, at the Bobigny commercial court.

40 million euros

According to two recent expertises, one of which was commissioned

This article is for subscribers only.

You have 73% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All life articles on 2021-11-25

You may like

Life/Entertain 2022-01-11T11:57:52.583Z
Life/Entertain 2021-11-30T19:54:51.782Z
Life/Entertain 2021-11-25T19:34:56.551Z
News/Politics 2022-01-06T18:57:02.001Z

Trends 24h

Life/Entertain 2022-01-16T04:23:38.722Z
Life/Entertain 2022-01-16T13:11:39.774Z

Latest

© Communities 2019 - Privacy