Thunderclap at the Paris Stock Exchange.
Iliad, the parent company of the telecoms operator Free, will withdraw from the listing.
Its owner Xavier Niel launches a simplified public tender offer on the outstanding shares.
The offer is being made at a price of 182 euros per share, representing a premium of 61% on the closing price of July 29, 2021.
The Group's Board of Directors unanimously and favorably welcomed the project.
Xavier Niel and the historic managers and shareholders of Iliad have undertaken to contribute their shares to the Xavier Niel offer and / or holdings.
They directly and indirectly hold 74.9% 1 of the capital and 83.6% 1 of the voting rights.