JULY 2021 - FINEXSI ISSUED ITS REPORT AS INDEPENDENT EXPERT IN CONNECTION WITH THE PROPOSED MIXED PUBLIC OFFER FOR THE SHARES OF SFL

JULY 2021 – FINEXSI ISSUED ITS REPORT AS INDEPENDENT EXPERT IN CONNECTION WITH THE PROPOSED MIXED PUBLIC OFFER FOR THE SHARES OF SFL

In April 2021, the Board of Directors of Société Foncière Lyonnaise (SFL) (a real estate company dedicated to the prime tertiary segment) was informed of a series of transactions initiated by Colonial, its majority shareholder, in relation to the evolution of the existing partnership between SFL and Predica. These transactions included a simplified mixed public offer initiated by Colonial for the SFL shares not already held by Colonial and Predica.

 

On the recommendation of the Ad Hoc Committee, the Board of Directors appointed Finexsi as Independent expert, to issue a report including a fairness opinion on the financial terms and conditions of the transaction. This fairness opinion was attached on July 8, 2021 to the note prepared in response to the public offer.

 

The assignment was led by Olivier Péronnet and Christophe Lambert.

JULY 2021 – OLIVIER PERONNET, FOUNDING PARTNER OF FINEXSI, WILL SPEAK AT THE “RENCONTRES ECONOMIQUES D’AIX-EN-PROVENCE”

On July 3, Olivier PERONNET, Founding Partner of Finexsi, will speak at « Les Rencontres Economiques

d’Aix-en-Provence », as a member of the panel discussion on « Financing the real economy ».

 

Join us live at 3:40pm :   Session 23 – Financer l’économie réelle – Les Rencontres Économiques (lesrencontreseconomiques.fr).

 

 

 

MAY / JUNE 2021 – FINEXSI ISSUED ITS REPORT AS AN INDEPENDENT EXPERT IN CONNECTION WITH THE PROPOSED SIMPLIFIED TAKEOVER BID FOR TARKETT

The Deconinck family, through its company Tarkett Participation and with the support of Wendel, filed a simplified takeover bid for the shares of Tarkett with the AMF on April 26, 2021. The Tarkett group is a world leader in flooring and sports surface solutions.

 

In connection with this transaction, FINEXSI was appointed, on the recommendation of the ad hoc committee, as an independent expert, to issue a report including a fairness opinion on the financial terms and conditions of the transaction. This fairness opinion was issued on May 20, 2021 and was attached on June 8, 2021 to the note prepared in response to the tender offer.

 

This assignment was led by Olivier Péronnet and Olivier Courau.

 

MAY 2021 – FINEXSI ISSUED ITS REPORTS AS CONTRIBUTION AND MERGER AUDITOR IN THE CONTEXT OF THE PUBLIC OFFER OF PROLOGUE ON M2I AND THE MERGER OF O2I INTO PROLOGUE

The resumption of the capital strengthening project between listed companies Prologue, O2i and M2i, which specialize in software, IT services and training, was announced in April 2021. This project, initially announced in September 2019, includes a public exchange offer by Prologue for M2i, followed by a merger of O2i into Prologue.

 

Finexsi, in the person of Olivier Péronnet, has been appointed by order of the President of the Commercial Court of Nanterre dated October 22, 2019.

 

In this context, Finexsi issued its reports in May 2021. The purpose of these reports is to assess the value of the M2i shares contributed to the exchange offer, as well as the value of the contributions and the fairness of the exchange ratio in the context of the merger of O2i into Prologue.

 

MARCH 2021 – FINEXSI ISSUED ITS REPORT AS AN INDEPENDENT EXPERT IN CONNECTION WITH THE FINANCIAL RESTRUCTURING PROJECT OF VALLOUREC

On February 16, 2021, Vallourec, a manufacturer of seamless tubes for the oil industry, appointed FINEXSI as an Independent expert to assess the fairness for the company’s shareholders of its proposed financial restructuring. This restructuring would include in particular a conversion of debts into equity as well as a capital increase.

 

On March 30, 2021, FINEXSI issued its report and its conclusions in the form of a fairness opinion on the terms and conditions of the proposed financial restructuring. This independent expert’s report is attached to the prospectus approved by the AMF.

 

This assignment was led by Olivier Péronnet and Errick Uzzan.

MARCH 2021 – FINEXSI WAS APPOINTED BY BEL AS AN INDEPENDENT EXPERT IN CONNECTION WITH THE SALE OF LEERDAMMER TO LACTALIS, THE CONTEMPLATED PUBLIC SHARE BUYBACK OFFER AND THE POTENTIAL SQUEEZE-OUT OFFER

On March 18, 2021, the Board of Directors of BEL SA appointed FINEXSI as an independent expert to assess the fairness for the shareholders of BEL SA of the financial terms and conditions of the sale of the LEERDAMMER perimeter, of the public share buyback tender offer (“OPRA“) and of the public share squeeze-out offer (« OPR-RO ») in relation to the BEL SA shares.

 

The LEERDAMMER perimeter is intended to be sold to the LACTALIS group in exchange for 1,591,472 BEL SA shares held by the LACTALIS group, said shares representing 23.16% of the share capital of BEL SA.

 

Subsequently, BEL SA would file a public share buyback offer (« OPRA ») on all its remaining shares and then UNIBEL SA would file a public share squeeze-out offer (« OPR-RO ») on the remaining BEL SA shares.

 

The above-mentioned public offers are expected to be completed in the second half of 2021.

 

This assignment is led by Olivier Péronnet and Lucas Robin.

FEBRUARY 2021 – FINEXSI HAS BEEN APPOINTED BY SUEZ AS AN INDEPENDANT EXPERT IN THE CONTEXT OF VEOLIA’S PUBLIC OFFER

In accordance with the « Règlement Général » of the « Autorité des Marchés Financiers » (the French Financial Markets regulatory authority), the Board of Directors of Suez appointed on February 24, 2021 Finexsi as an independent expert in the context of the public offer filed on February 8, 2021 by Veolia.

 

This assignment is led by Olivier Péronnet and Lucas Robin.

 

To access the press release

FEBRUARY 2021 – FINEXSI ISSUED ITS REPORT AS INDEPENDENT EXPERT IN CONNECTION WITH THE FINANCIAL RESTRUCTURING OF EUROPCAR MOBILITY GROUP

 

On the recommendation of the Monitoring Committee of the EUROPCAR MOBILITY GROUP and in view of the significant dilution that was expected to result from the capital increases planned in connection with the Company’s financial restructuring, the Company’s Supervisory Board decided on November 16, 2020 to appoint FINEXSI as independent expert, on a voluntary basis pursuant to Article 261-3 of the« Règlement Général » of the « Autorité des Marchés Financiers (AMF) » (French Financial Markets Authority).

 

This assignment was led by Olivier Péronnet and Lucas Robin.

 

On December 28, 2020, FINEXSI issued its report and conclusion in the form of a fairness opinion on the terms and conditions of the financial restructuring project. This independent expert report is attached to the prospectus approved by the AMF.

 

On February 24, 2021, EUROPCAR MOBILITY GROUP announced the success of its financial restructuring.

JANUARY 2021 – FINEXSI ISSUED ITS REPORT AS INDEPENDENT EXPERT IN CONNECTION WITH THE SIMPLIFIED TENDER OFFER INITIATED BY DALET HOLDING

In accordance with the provisions of Articles 261-1 I and II of the « Règlement Général » of the « Autorité des Marchés Financiers » (French Financial Markets Authority), FINEXSI, represented by Olivier Péronnet and Errick Uzzan, was appointed on October 26, 2020 as Independent Expert by the Board of Directors of DALET in connection with the proposed simplified tender offer initiated on DALET shares by Dalet Holding, controlled by Long Path Private Investment Partners I.

 

In this context, FINEXSI submitted its report to DALET’s Board of Directors on January 29, 2021. This report is attached to the draft reply memorandum which was filed by DALET with the AMF on February 1, 2021.