Pursuant to its simplified takeover bid on Antalis, the Japanese group Kokusai Pulp & Paper (KPP) held more than 95% of the share capital and voting rights of the Antalis packaging group. On November 5, 2020, KKP implemented a squeeze-out , as the conditions for such squeeze-out were met.
In March 2020, Antalis’ ad hoc committee had appointed Finexsi as an Independent Expert to give its opinion on the fairness of the financial terms and conditions of the public offer and the subsequent squeeze-out in accordance with Articles 261-1 I and II of the « Règlement Général » of the « Autorité des Marchés Financiers » (French Financial Markets Authority).
The assignment was led by Olivier Peronnet and Christophe Lambert.
