on EVERGREEN (EPA:EGR)
Evergreen Transition: Key Agreement and Recovery Procedure
On September 18, 2025, Transition Evergreen, a specialist in ecological transition listed on Euronext Paris, announced major actions. The company signed an agreement with its main creditor, Zencap AM, subject to the opening of receivership proceedings. This move aims to stabilize the financial situation and ensure the continuation of operations.
At the same time, governance has been modified with the arrival of Jean-Michel Laty as Chairman and CEO, and Bruno Le Moal as a director. The financial results for 2024 indicate a negative revalued net asset value, highlighting the ongoing financial challenges. The Annual General Meeting scheduled for November 2025 will discuss the company's strategic transformation.
R. P.
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