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going private transactions in going private transactions in france

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Objectives of the companies delist<strong>in</strong>g<br />

Directors cite two ma<strong>in</strong> reasons:<br />

1. Group restructur<strong>in</strong>g (<strong>in</strong> two-thirds of cases):<br />

streaml<strong>in</strong>e the group’s list<strong>in</strong>g structures, as opposed to<br />

organisational models based on multiple cascade<br />

structures;<br />

and/or <strong>in</strong>tegrate the bus<strong>in</strong>ess activities and<br />

management t of f subsidiaries b idi i with<strong>in</strong> ithi th the group.<br />

17

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