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.