on CYBERGUN (EPA:ALCYB)
The Commercial Court validates the recovery procedure for VERNEY-CARRON
On February 13, 2025, CYBERGUN announced that the Saint-Etienne Commercial Court authorized the opening of a receivership procedure for its subsidiary VERNEY-CARRON. This measure aims to prepare the future of this emblematic company of French armaments.
After restructuring bank and real estate debts, CYBERGUN is in discussions with a major player in the armaments sector for a possible backing. The finalization of this restructuring is crucial to lift the suspensive conditions. The six-month observation period granted should facilitate continued activity, the settlement of debts and the envisaged industrial partnership.
A status update is planned for April 2025 under the auspices of the Commercial Court.
R. H.
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