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Yahoo
16-05-2025
- Business
- Yahoo
Verallia Obtains Consent of the Group's Lenders in the Context of the Takeover Bid Initiated by BWGI
PARIS, May 16, 2025--(BUSINESS WIRE)--Regulatory News: Verallia (Paris:VRLA) announces today that it has obtained the consent of its bank lenders to amend the change of control clause of its existing banking financing facilities1 so that the completion of the public takeover bid initiated by BWGI, filed with the French Financial Markets Authority (Autorité des marchés financiers) on April 24, 2025 (the "Offer"), will not trigger their early repayment. With regard to certain other Group financings, Verallia has also obtained Bpifrance's waiver of its right to request early repayment of an amortizable loan2 in the event of the change of control clause stipulated in this loan being triggered in connection with the completion of the Offer, and has also obtained Crédit Agricole Leasing & Factoring's (CALF) consent to amend the change of control clause provided for in the Group's pan-European and UK factoring programs3, so that it will not be triggered by the completion of the Offer. CALF has also agreed to extend the term of these factoring programs from December 1, 2025, to June 1, 2026. Verallia is pleased with the confidence shown by its financial partners. About Verallia At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world's most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all. With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.5 billion in 2024. Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTi (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement. Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable. Disclaimer This press release does not contain, nor does it constitute, an offer of securities or a solicitation to invest in securities in France, the United States, or any other jurisdiction. Protection of personal data You may unsubscribe from the distribution list of our press releases at any time by sending your request to the following email address: investors@ Press releases will still be available via the website Verallia SA, as data controller, processes personal data for the purpose of implementing and managing its internal and external communication. This processing is based on legitimate interests. The data collected (last name, first name, professional contact details, profiles, relationship history) is essential for this processing and is used by the relevant departments of the Verallia Group and, where applicable, its subcontractors. Verallia SA transfers personal data to its service providers located outside the European Union, who are responsible for providing and managing technical solutions related to the aforementioned processing. Verallia SA ensures that the appropriate guarantees are obtained in order to supervise these data transfers outside of the European Union. Under the conditions defined by the applicable regulations for the protection of personal data, you may access and obtain a copy of the data concerning you, object to the processing of this data and request for it to be rectified or erased. You also have a right to restrict the processing of your data. To exercise any of these rights, please contact the Group Financial Communication Department at investors@ If, after having contacted us, you believe that your rights have not been respected or that the processing does not comply with data protection regulations, you may submit a complaint to the CNIL (Commission nationale de l'informatique et des libertés — France's regulatory body). 1 Bank financing facilities comprising (i) a syndicated credit agreement of €1.1 billion comprising (a) a term loan of an initial principal amount of €550 million, of which the principal amounts outstanding at the date of this press release amount to €200 million, bearing interest at Euribor + 1.75%, and (b) a revolving credit facility (RCF) of €550 million, unused at the date of this press release, bearing interest at Euribor + 1.25% and (ii) a revolving credit facility of €250 million, drawn for €120 million as of the date of this press release, bearing interest at Euribor + 0.80%.2 Outstanding amounts due of €23 million as of March 31, 2025.3 Factoring programs for a maximum amount of €500 million and €50 million, respectively. View source version on Contacts Press contacts Sara Natij & Laurie Dambrineverallia@ | +33 (0)7 68 68 83 22Investor relations contacts David Placet | Michele Degani | Benoit GrangeTristan Roquet-Montégonverallia@ Sign in to access your portfolio
Business Wire
12-05-2025
- Business
- Business Wire
Cancellation of the General Meetings of Holders of 2028 Notes and 2031 Notes Issued by Verallia
PARIS--(BUSINESS WIRE)--Regulatory News: Verallia (Paris:VRLA) announces today that the general meetings of holders of 2028 Notes and 2031 Notes 1 issued by Verallia, convened on April 28, 2025 2 to be held on May 13, 2025, have been cancelled. As a result, participation forms received to date will not be taken into account. It is reminded that these general meetings of holders of each Series of Notes were called to vote on the approval of a proposal to waive the right of each noteholder to exercise, in accordance with Condition 5(c) ' Redemption at the option of the Noteholders following a Change of Control ' of the terms and conditions of each Series of Notes, their put option in the event of a change of control of the Company resulting from the tender offer initiated by BWGI, filed with the Autorité des marchés financiers on April 24, 2025. It is reminded that on April 23, 2025, Verallia has entered into a ' certain funds ' bridge loan agreement with a banking syndicate, in order to cover the financing of the potential redemption of notes for which the put option would be exercised 3. In the event that all or part of the credit lines made available under the bridge loan agreement are drawn down by Verallia, Verallia intends to refinance these loans by arranging, as the case may be, new bank and/or bond financing. About Verallia At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world's most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all. With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.5 billion in 2024. Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO 2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTi (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement. Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable. Disclaimer This press release does not contain, nor does it constitute, an offer of securities or a solicitation to invest in securities in France, the United States, or any other jurisdiction. Protection of personal data You may unsubscribe from the distribution list of our press releases at any time by sending your request to the following email address: investors@ Press releases will still be available via the website Verallia SA, as data controller, processes personal data for the purpose of implementing and managing its internal and external communication. This processing is based on legitimate interests. The data collected (last name, first name, professional contact details, profiles, relationship history) is essential for this processing and is used by the relevant departments of the Verallia Group and, where applicable, its subcontractors. Verallia SA transfers personal data to its service providers located outside the European Union, who are responsible for providing and managing technical solutions related to the aforementioned processing. Verallia SA ensures that the appropriate guarantees are obtained in order to supervise these data transfers outside of the European Union. Under the conditions defined by the applicable regulations for the protection of personal data, you may access and obtain a copy of the data concerning you, object to the processing of this data and request for it to be rectified or erased. You also have a right to restrict the processing of your data. To exercise any of these rights, please contact the Group Financial Communication Department at investors@ If, after having contacted us, you believe that your rights have not been respected or that the processing does not comply with data protection regulations, you may submit a complaint to the CNIL (Commission nationale de l'informatique et des libertés — France's regulatory body). 1 €500,000,000 1.625 per cent. Sustainability Linked Notes due 14 May 2028 (ISIN: FR0014003G27 / Common Code: 234202227) (the '2028 Notes') and €500,000,000 1.875 per cent. Sustainability Linked Notes due 10 November 2031 (ISIN: FR0014006EG0 / Common Code: 240703769) (the '2031 Notes', and together with the 2028 Notes, the 'Notes' and each, a 'Series') 2 See Verallia's press release published on April 28, 2025. 3 See Verallia's press release published on April 24, 2025 and paragraph 8.10.3 of the draft response note filed by Verallia with the Autorité des marchés financiers on April 28, 2025.
Business Wire
30-04-2025
- Business
- Business Wire
Verallia: Tender Offer of BWGI - Intentions of Bpifrance Participations
PARIS--(BUSINESS WIRE)--Regulatory News: In connection with the tender offer (the ' Tender Offer ') initiated by BWGI on the shares of Verallia (the ' Company ') (Paris:VRLA) and filed with the French Autorité des marchés financiers (the ' AMF ') on 24 April 2025, Bpifrance Participations, the second largest shareholder of the Company with approximately 7.6% of the share capital (representing 9,189,887 shares in the Company), informed the Company that it intends to tender 4,594,943 shares to the Tender Offer, representing approximately 50% of its shareholding in the Company. Verallia is delighted that Bpifrance Participations, a long-standing reference shareholder, will remain in the capital, thereby demonstrating its confidence in the company's strategy and prospects. As a reminder, the press release of BWGI dated 24 April 2025 and the draft offer document (note d'information) filed by BWGI with the AMF on 24 April 2025, as well as the press release of the Company dated 28 April 2025 and the draft response document (note en réponse) filed by the Company with the AMF on 28 April 2025 are available on the website of the Company ( About Verallia At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world's most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all. With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.5 billion in 2024. Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO 2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTi (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement. Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable. Disclaimer Certain information included in this press release is not historical data but forward-looking statements. These forward-looking statements are based on estimates, forecasts and assumptions including, but not limited to, assumptions about Verallia's present and future strategy and the economic environment in which Verallia operates. They involve known and unknown risks, uncertainties and other factors, which may cause Verallia's actual results and performance to differ materially from those expressed or implied in such forward-looking statements. These risks and uncertainties include those detailed and identified in Chapter 4 "Risk Factors" of the Verallia universal registration document filed with the Autorité des marchés financiers ("AMF") on 27 March 2025 and available on the Company's website ( and that of the AMF ( These forward-looking statements and information are not guarantees of future performance. This press release includes summarized information only and does not purport to be exhaustive. This press release does not contain, nor does it constitute, an offer of securities or a solicitation to invest in securities in France, the United States, or any other jurisdiction. Protection of personal data You may unsubscribe from the distribution list of our press releases at any time by sending your request to the following email address: investors@ Press releases will still be available via the website Verallia SA, as data controller, processes personal data for the purpose of implementing and managing its internal and external communication. This processing is based on legitimate interests. The data collected (last name, first name, professional contact details, profiles, relationship history) is essential for this processing and is used by the relevant departments of the Verallia Group and, where applicable, its subcontractors. Verallia SA transfers personal data to its service providers located outside the European Union, who are responsible for providing and managing technical solutions related to the aforementioned processing. Verallia SA ensures that the appropriate guarantees are obtained in order to supervise these data transfers outside of the European Union. Under the conditions defined by the applicable regulations for the protection of personal data, you may access and obtain a copy of the data concerning you, object to the processing of this data and request for it to be rectified or erased. You also have a right to restrict the processing of your data. To exercise any of these rights, please contact the Group Financial Communication Department at investors@ If, after having contacted us, you believe that your rights have not been respected or that the processing does not comply with data protection regulations, you may submit a complaint to the CNIL (Commission nationale de l'informatique et des libertés — France's regulatory body).
Business Wire
25-04-2025
- Business
- Business Wire
Verallia: General Shareholders' Meeting Held on April 25 th, 2025
PARIS--(BUSINESS WIRE)--Regulatory News: The annual General Shareholders' Meeting of Verallia (Paris:VRLA) (the 'Company') was held on 25 April 2025 under the chairmanship of Michel Giannuzzi, Chairman of the Board of Directors. The meeting was held in the presence of Patrice Lucas, Chief Executive Officer, Cécile Tandeau de Marsac, Chairwoman of the Compensation Committee and the Nomination Committee, Nathalie Delbreuve, Chief Financial Officer, Wendy Kool-Foulon, CSR Director & General Counsel, as well as the Auditors of the Company. Kaon V and Bpifrance Participations, designated among the shareholders holding the greatest number of voting rights as at the date of the convening notice, acted as ' scrutateurs ' of the Meeting. With a quorum representing 81.20% of the shares of the Company, the Shareholders' General Meeting adopted all the resolutions submitted to its vote. The shareholders have notably approved the statutory and consolidated financial statements for the financial year which ended on 31 December 2024, as well as the distribution of a dividend of €1.70 per share, to be fully paid in cash. Such dividend will be paid on 15 May 2025. Furthermore, the General Shareholders' Meeting approved the renewal of the terms of office of Cécile Tandeau de Marsac and of the representatives of Brasil Warrant Administração de Bens e Empresas S.A. (BWSA) and Bpifrance Investissement as Directors. Additionally, they also renewed the terms of office of BM&A as joint principal statutory auditor responsible for auditing the Company's annual and consolidated financial statements and; as sustainability auditor responsible for verifying information related to sustainability, for a period of six (6) years, i.e. until the end of the general shareholders' meeting to be held in 2031 to vote on the financial statements for the year ended on 31 December 2030. The presentation, the audio-visual rebroadcast and the detailed results of the votes of the General Shareholders' Meeting are available on Verallia's website ( in the Investors section, sub-sections Regulated Information and General Shareholders' Meetings. About Verallia At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world's most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all. With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.5 billion in 2024. Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTi (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement. Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable.
Yahoo
04-04-2025
- Business
- Yahoo
Verallia: Conditions of Availability of the Preparatory Documents for the General Shareholders' Meeting to Be Held on April 25, 2025
PARIS, April 04, 2025--(BUSINESS WIRE)--Regulatory News: Shareholders are invited to participate at the Combined Shareholders' Meeting of the company Verallia (the "Company") (Paris:VRLA) which will be held on Friday April 25, 2025, at 9:30 am (CET), at the head office of the Company located at 31, Place des Corolles, Tour Carpe Diem, at the Auditorium, Esplanade Nord, 92400 Courbevoie, France. The preliminary notice of the Shareholders' Meeting was published in the French Bulletin des Annonces Légales Obligatoires (BALO) under the number 34 on March 19, 2025. The convening notice has been published in the French Bulletin des Annonces Légales Obligatoires (BALO) under the number 41 on April 4, 2025. The documents that need to be made available for the Shareholders for the General Meeting are available at the head office of the Company in accordance with applicable regulations. The documents referred to in article R.22-10-23 of the French Commercial Code may be consulted on the Company website at the following link, under the section "General Shareholders Meetings": About Verallia At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world's most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all. With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.5 billion in 2024. Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTi (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement. Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable. View source version on Contacts Verallia investor relations contact David Placet | Sign in to access your portfolio
