on SFCMC (EPA:FCMC)
Acquisition of SFCMC by Société de Participation Deauvillaise
Société de Participation Deauvillaise (SPD), the main shareholder of Société Fermière du Casino Municipal de Cannes (SFCMC), is acquiring Casinvest's shares. The signed agreement stipulates the purchase of Casinvest's shares for a price of €1,897 per share. This transaction is expected to be finalized by December 19, 2025, allowing SPD to hold 93.17% of SFCMC's share capital and 96.25% of its voting rights.
Following this transaction, a merger with Société Immobilière et d'Exploitation Hôtel Majestic is planned before the end of March 2026. SPD also plans a public delisting offer to acquire the remaining capital of SFCMC at the same price.
R. E.
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