going private transactions in going private transactions in france

B) But is delisting sufficient?
UUp until til 2009 2009, th the answer tto thi this question ti was no:
Legal explanation: delisting did not automatically result in the
declassification of an issuer from the category of
publicly-held issuers.
Three additional conditions to be met:
1) the issuer’s shares have not been or are no longer traded on a
regulated market;
2) the shares, having been the subject of a public offering, are held
by fewer than 100 people;
3) the shares have not been the subject of a public offering during the
preceding year or been the subject of a buyout offer, followed by a
squeeze-out.
q
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