The coup de theatre feared by the personal "World" did not place. And the evening paper Rock of Ages tickets will not drop its balance sheet. The Supervisory Board of the group, which met yesterday New York City Ballet tickets afternoon, has endorsed the candidacy of the trio formed by Pierre Bergé, Matthieu Pigasse and tickets for New York City Ballet Xavier Niel at the resumption of the "world". The three partners will therefore enter into exclusive negotiations to legally formalize the terms of their controlling entry into the capital of the group. They have proposed a total 110 million euros, of which 60 million allocated to the capital increase of the group.Their holding the free world, a limited partnership owned by them equally will itself own 64 of the Group at the end of Hair the process. A percentage may vary, if the other shareholders of the Group were playing their right of withdrawal (see below).
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The Board of the holding company head, worldwide partners and Associates (LMPA), was decisive: LMPA has control of the group, with 60.4 of the capital of the world SA (LMSA). Yet this Council, which has 20 voice opted for offer Bergé-Niel-Pigasse, a majority of 11 votes, with 9 abstentions. Nine votes were already acquired this offer: those of Mrs (society of editors of the "world"), corporate personnel, and of the society of Hair ticket the readers. 2 Other voices are being spoken to are those of Louis Schweitzer, the Chairman of the Supervisory Board, and that of... Claude Perdriel, the owner of the "Nouvel Observateur", which had presented a competing offer with Orange and Spanish Prisa. "Hat, Claude Perdriel is is really shown nice player," commented yesterday a journalist of the "world". The other directors, totaling 9 votes (association Hubert Beuve-Méry, which has 2, Jean-Louis Beffa, Etienne Pflimlin, Pierre Lescure, Pierre Richard, Marie-LouiseAntoni, Mario Colaiacovo and Guillaume Sarkozy) therefore abstained.
The second Supervisory Board, the LMSA, is also pronounced turn to offer Bergé-Niel-Pigasse, 13 votes in favour and 5 abstentions. Lagardere, which holds 17 of LMSA and Prisa, which owns 15, are both abstenus.
Change of issue
The real issue of these councils changed yesterday morning, around 9 o'clock. Claude Perdriel and Orange have announced that they withdraw the offer they had presented with Prisa, at the end of the Supervisory Board, and this regardless of the outcome of the votes. Claude Perdriel announced that it would hold its promise not to impose against the opinion of journalists of the "world". They were massively (90.84) opted Friday to Hair tickets the rival offer... Therefore, the issue to the Supervisory Board was to approve the entry into exclusive negotiations with the trio. And there was no alternative to the green New York City Ballet ticket light by the tribunal of New York City Ballet commerce. Jean-Louis Beffa, who spoke on behalf of external shareholders, referred to their failure to "vote of vigilance" the chosen offer, and "solidarity" to avoid the cessation of payments.
According to one participant, the patron of Prisa, Juan Luis Cebrian, present at the second Supervisory Board, reiterated its regret that the timetable had not been more flexible. He also made mine to discover that his offer (40 of the tickets for Hair project Perdriel-Orange-Prisa) had been withdrawn. "That is, the coordination between Perdriel and Prisa: we have escaped the worst", commented a journalist.
Exclusive negotiations will now begin. A Board of supervision of information should be held late July or in early September, before a Council decisive mid-September. The General meetings of shareholders companies can then keep, to validate the change tickets for Rock of Ages of shareholders. And their loss Rock of Ages ticket of control of the Group late September for the benefit Rock of Ages of the winners of the day.
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