Le Figaro initiates a takeover bid on Adenclassifieds

Le Figaro initiates a takeover bid on Adenclassifieds

XV Finance advised Le Figaro for its takeover bid on Adenclassifieds.

The Figaro group initiated this bid in order to hold, directly or indirectly, at least 95% of the capital or voting rights of the company and the shares of Adenclassifieds. With this threshold reached, the squeeze out of Adenclassifieds’ shares was made possible.

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