03.04.2013 Views

going private transactions in going private transactions in france

going private transactions in going private transactions in france

going private transactions in going private transactions in france

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Restrictive conditions <strong>in</strong> France:<br />

No equivalent of a US cash-out merger, a UK scheme of<br />

arrangement arrangement, or a German cash-out cash out procedure approved<br />

at a shareholders’ meet<strong>in</strong>g.<br />

Two situations unfold:<br />

Voluntary delist<strong>in</strong>g as a consequence: when the issuer<br />

ceases tto exist i t as a legal l l entity; tit<br />

Voluntary delist<strong>in</strong>g as the ma<strong>in</strong> focus.<br />

25

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!