on AST GROUPE (EPA:ASP)
Update on Legal Proceedings and Takeover Offers for AST Group
AST Groupe, currently under judicial recovery and safeguard procedures, saw the Lyon Commercial Court examine two offers to take over its assets during the hearing on October 29, 2024. The assets concerned belong to the Group's industrial and network activities.
The first offer comes from the Hexaom and Trecobat groups, while the second comes from Vestack and a consortium including Natilia, Natibox and Villa Club. The Court's decision on the successful offer will be issued on 26 November 2024.
Due to the Group's debt, AST Groupe reminds that the proceeds of the sale will benefit only the creditors. The listing of the company's shares on Euronext Growth Paris remains suspended.
R. H.
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