Announced
Financials
Sources
Tags
lodging facilities
Pending
France
fast food restaurants
Natural
gaming
Restaurants and Bars
Acquisition
Public
Minority
Single Bidder
Synopsis
Groupe Bertrand, a restaurant company, acquired a 6.2% stake in Group Flo for $52m. With this deal Groupe Bertrand aims to enable Groupe Flo to carry out its recovery plan more efficiently. Groupe Bertrand also plans to proceed with the squeeze-out of Group Flo securities, provided that the conditions for implementing the squeeze-out are met.
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