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Business Wire
3 days ago
- Business
- Business Wire
Approval of BWGI Tender Offer for Verallia Shares by the French Financial Markets Authority
PARIS--(BUSINESS WIRE)--Regulatory News: The tender offer initiated by BWGI for Verallia's shares (the ' Offer ') has been cleared today by the French financial markets authority (Autorité des marchés financiers, ' AMF '). With a holding of 28.84% of Verallia share capital, BWGI, an asset management company controlled by the Moreira Salles family, is the largest shareholder of Verallia. BWGI, acting through Kaon V 1, proposes to acquire control of Verallia through a tender offer. This Offer is not subject to any success threshold other than the achievement of the regulatory threshold of 50% of the share capital or voting rights. All Verallia shares may be tendered to the Offer, subject to the exceptions and the restrictions detailed in BWGI's offer document. BWGI will not proceed with a squeeze-out at the end of the Offer period and has undertaken, subject to certain exceptions detailed in the offer document, to maintain the listing of Verallia shares on Euronext Paris for a period of three years. 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 Offer, representing approximately 50% of its shareholding in the Company. The Offer was cleared by the AMF on 5 June 2025, which approved BWGI's offer document under the reference 25-196 and Verallia's response document under the reference 25-197. Prior to the opening of the Offer, Kaon V and Verallia will file their respective 'other information' documents with the AMF, providing details on the legal, financial, accounting and other characteristics of BWGI and Verallia. The documentation relating to the Offer is available on the dedicated transaction website of Verallia ( as well as the AMF's website ( Terms of the transaction BWGI's Offer is priced at 28.30 euros per share (after detachment of the 2024 dividend of 1.70 euro). It is reminded that Verallia's Board of Directors, upon recommendation of the ad hoc Committee, issued a favorable opinion on the Offer detailed in the response document of Verallia. Ledouble, acting as independent expert, has issued a report concluding that the financial terms of the Offer are fair for Verallia's shareholders. Subject to obtaining the foreign investments control clearance from the French authorities and the approval of the European Commission in accordance with the Foreign Subsidies Regulation (FSR), the Offer could be opened on 23 June 2025 and to close on 25 July 2025. If the threshold of 50% of the share capital or voting rights is reached, the Offer would then be reopened from 31 July to 13 August 2025. The AMF will issue a notice announcing the opening and the timetable of the Offer. 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). _______________________________ 1 Kaon V is a compartment of the Irish fund Kaon Investment Fund ICAV, a fund managed by BWGI.
Yahoo
3 days ago
- Business
- Yahoo
Approval of BWGI Tender Offer for Verallia Shares by the French Financial Markets Authority
PARIS, June 05, 2025--(BUSINESS WIRE)--Regulatory News: The tender offer initiated by BWGI for Verallia's shares (the "Offer") has been cleared today by the French financial markets authority (Autorité des marchés financiers, "AMF"). With a holding of 28.84% of Verallia share capital, BWGI, an asset management company controlled by the Moreira Salles family, is the largest shareholder of Verallia. BWGI, acting through Kaon V1, proposes to acquire control of Verallia through a tender offer. This Offer is not subject to any success threshold other than the achievement of the regulatory threshold of 50% of the share capital or voting rights. All Verallia shares may be tendered to the Offer, subject to the exceptions and the restrictions detailed in BWGI's offer document. BWGI will not proceed with a squeeze-out at the end of the Offer period and has undertaken, subject to certain exceptions detailed in the offer document, to maintain the listing of Verallia shares on Euronext Paris for a period of three years. 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 Offer, representing approximately 50% of its shareholding in the Company. The Offer was cleared by the AMF on 5 June 2025, which approved BWGI's offer document under the reference 25-196 and Verallia's response document under the reference 25-197. Prior to the opening of the Offer, Kaon V and Verallia will file their respective "other information" documents with the AMF, providing details on the legal, financial, accounting and other characteristics of BWGI and Verallia. The documentation relating to the Offer is available on the dedicated transaction website of Verallia ( as well as the AMF's website ( Terms of the transaction BWGI's Offer is priced at 28.30 euros per share (after detachment of the 2024 dividend of 1.70 euro). It is reminded that Verallia's Board of Directors, upon recommendation of the ad hoc Committee, issued a favorable opinion on the Offer detailed in the response document of Verallia. Ledouble, acting as independent expert, has issued a report concluding that the financial terms of the Offer are fair for Verallia's shareholders. Subject to obtaining the foreign investments control clearance from the French authorities and the approval of the European Commission in accordance with the Foreign Subsidies Regulation (FSR), the Offer could be opened on 23 June 2025 and to close on 25 July 2025. If the threshold of 50% of the share capital or voting rights is reached, the Offer would then be reopened from 31 July to 13 August 2025. The AMF will issue a notice announcing the opening and the timetable of the Offer. 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 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). _______________________________1 Kaon V is a compartment of the Irish fund Kaon Investment Fund ICAV, a fund managed by BWGI. View source version on Contacts Press contacts Sara Natij & Laurie Dambrineverallia@ | +33 (0)7 68 68 83 22 Investor relations contacts David Placet | Michele Degani | Benoit GrangeTristan Roquet-Montégonverallia@
Yahoo
01-06-2025
- Business
- Yahoo
Update on the Simplified Tender Offer and Squeeze-out on NHOA
No Conditional Price Supplement Payable TAIPEI, Taiwan, June 01, 2025--(BUSINESS WIRE)--Reference is made to the simplified tender offer (the Offer) and squeeze-out transaction completed on December 10, 2024, by TCC Europe Holdings B.V. (formerly known as Taiwan Cement Europe Holdings B.V.) (TCEH), an indirect subsidiary of TCC Group Holdings Co., Ltd (TWSE: 1101), on the shares of NHOA S.A. (NHOA), pursuant to the clearance decision (conformité) of the French Autorité des marchés financiers dated November 5, 2024 (AMF Notice no. 224C2193). Former NHOA shareholders are hereby informed that NHOA Corporate S.r.l. (NHOA Corporate) has exercised its put option to sell its stake in Free2Move eSolutions S.p.A. (F2MeS) to Stellantis Europe S.p.A. (Stellantis) on June 1, 2025, as further detailed in Section 2.2.1 of the Offer document. Consequently, pursuant to the terms of the Offer document, NO conditional price supplement (complément de prix conditionnel) of EUR 0.65 per NHOA share (the Conditional Price Supplement) is payable to the holders of the financial securities materializing the rights to the Conditional Price Supplement (the Financial Securities). Holders of the Financial Securities will be informed of the completion of the sale of NHOA Corporate's stake in F2MeS to Stellantis by means of a financial notice via Euroclear France. The Financial Securities, which are admitted to the operations of Euroclear France, will lapse on June 3, 2025. Ledouble, acting as independent expert for the purposes of the Offer, has been informed of the exercise of NHOA Corporate's put option. View source version on Contacts Francesca Sorgoni, HEAD OF CORPORATE GOVERNANCE AND E&C, +39 0230552981 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
01-06-2025
- Business
- Business Wire
Update on the Simplified Tender Offer and Squeeze-out on NHOA
TAIPEI, Taiwan--(BUSINESS WIRE)--Reference is made to the simplified tender offer (the Offer) and squeeze-out transaction completed on December 10, 2024, by TCC Europe Holdings B.V. (formerly known as Taiwan Cement Europe Holdings B.V.) (TCEH), an indirect subsidiary of TCC Group Holdings Co., Ltd (TWSE: 1101), on the shares of NHOA S.A. (NHOA), pursuant to the clearance decision (conformité) of the French Autorité des marchés financiers dated November 5, 2024 (AMF Notice no. 224C2193). Former NHOA shareholders are hereby informed that NHOA Corporate S.r.l. (NHOA Corporate) has exercised its put option to sell its stake in Free2Move eSolutions S.p.A. (F2MeS) to Stellantis Europe S.p.A. (Stellantis) on June 1, 2025, as further detailed in Section 2.2.1 of the Offer document. Consequently, pursuant to the terms of the Offer document, NO conditional price supplement (complément de prix conditionnel) of EUR 0.65 per NHOA share (the Conditional Price Supplement) is payable to the holders of the financial securities materializing the rights to the Conditional Price Supplement (the Financial Securities). Holders of the Financial Securities will be informed of the completion of the sale of NHOA Corporate's stake in F2MeS to Stellantis by means of a financial notice via Euroclear France. The Financial Securities, which are admitted to the operations of Euroclear France, will lapse on June 3, 2025. Ledouble, acting as independent expert for the purposes of the Offer, has been informed of the exercise of NHOA Corporate's put option.
Yahoo
04-03-2025
- Business
- Yahoo
Signing of the Agreement to Merge Société Foncière Lyonnaise Into Inmobiliaria Colonial
PARIS, March 04, 2025--(BUSINESS WIRE)--Regulatory News: Société Foncière Lyonnaise (SFL) (Paris:FLY) and Inmobiliaria Colonial have today signed a merger agreement for the proposed cross-border merger of SFL into Colonial which has been approved by unanimity by both Board of directors. As announced on February 18, 2025, the exchange ratio has been set at 13 Colonial shares for 1 SFL share representing a significant premium on NTA parity. The Board have also determined an exit price of €77.5 per SFL share coupon attached (pursuant to Article L.236-40 of the French Commercial Code). The exit price would be adjusted by the amount of SFL's dividend to be approved by SFL general meeting prior to the merger. The exchange ratio and the exit price have been determined on the basis of a multi-criteria analysis reflecting on commonly used valuation methods. About the merger Colonial and SFL explored various options to simplify the group's structure and strengthen a leading prime real estate platform in Europe. The choice of the merger enables the SFL shareholders to remain invested in the value creation potential of the group with a significantly enhanced liquidity in an economically efficient operation (including without the material adverse costs which would have been associated with a delisting), or to access full liquidity at a price corresponding to the multi-criteria valuation of SFL. This cross-border merger will allow the Group to accelerate its growth strategy based on a strong and profitable business model and relying on both teams' expertise and highly recognized brands. The report of the merger auditor, Mrs. Agnès Piniot (Ledouble), appointed by the President of the Commercial Court of Paris on November 12th, 2024, will be made available to shareholders of Colonial and SFL and posted on the companies' website, along with all relevant documents related to the proposed merger. The completion of the proposed merger is expected in the second half of 2025 and remains subject to the approval by Colonial and SFL shareholders at the general meetings and to corporate formalities necessary for a transaction of this kind. The completion of the merger would also be subject to the Autorité des marchés financiers confirming that Colonial is not required pursuant to French law to file a delisting offer in respect of the SFL shares. This merger will be submitted to SFL annual general meeting of shareholder scheduled on April 23rd, 2025. About SFL A benchmark player in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €7.6 billion and is focused on the Central Business District of Paris (# Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies. As France's oldest property company, SFL demonstrates year after year an unwavering commitment to its strategy focused on creating a high value in use for users and, ultimately, substantial appraisal values for its properties. With its sights firmly set on the future, SFL is committed to sustainable real estate with the aim of building the city of tomorrow and helping to reduce carbon emissions in its sector. Stock market: Euronext Paris Compartment A – Euronext Paris ISIN FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA S&P rating: BBB+ stable outlook About Inmobiliaria Colonial Inmobiliaria Colonial is the leading platform in the prime commercial real estate market in Europe, with a presence in the main business areas of Barcelona, Madrid, and Paris. It owns a unique portfolio of commercial properties totaling over 1 million m², with a market value exceeding €11.6 billion. The Group follows a dedicated long-term strategy focused on value creation through a high-quality client portfolio and asset appreciation. Looking ahead, the Colonial Group will continue to lead the urban transformation of city centers in the European market, recognized for its expertise and professionalism, financial strength, and profitability, while providing excellent sustainable real estate solutions tailored to its clients' needs. BME Madrid ISIN ES0139140174 – Bloomberg: COL:SM – Reuters: S&P rating: BBB+ stable outlook View source version on Contacts SFL - Thomas Fareng - T +33 (0)1 42 97 27 00 - Sign in to access your portfolio
