Brief: Groupe Paredes Says Has Made A Firm Offer To Acquire Orapi, Accepted By The Group's Largest Shareholder

Orapi SA

28/06/2023 08:02

June 28 (Reuters) - Orapi SA  ORPF.PA :
    * GROUPE PAREDES SAYS HAS MADE A FIRM OFFER TO ACQUIRE
ORAPI,
WHICH HAS BEEN ACCEPTED BY GUY CHIFFLOT, ORAPI'S FOUNDER AND
LARGEST SHAREHOLDER
    * GROUPE PAREDES SAYS GUY CHIFFLOT HAS AGREED TO SELL TO
GROUPE
PAREDES 2,315,265 SHARES  REPRESENTING ON A FULLY DILUTED BASIS
46.3% OF ORAPI'S SHARE CAPITAL
    * GROUPE PAREDES SAYS PRICE IS BASED ON AN ENTERPRISE VALUE
OF €78
MILLION
    * GROUPE PAREDES SAYS OFFER IS EXPECTED TO BE COMPLETED IN
THE
FOURTH QUARTER OF 2023

Further company coverage:  ORPF.PA 

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