The filing of a draft takeover bid (OPA) for Lydec is expected in the coming days, Lydec announced in a press release on Wednesday.
“In accordance with the terms of Article 18 of Law No. 26-03 relating to public offers on the stock market, the settlement-delivery of Veolia’s offer for Suez will lead to the filing of a draft public offer for ‘purchase on Lydec within the following 3 days,’ indicates Lydec, specifying that the settlement-delivery of the securities subject of the public tender offer initiated in France by Veolia on the Suez securities, took place on January 18, 2022.
Indeed, Lydec announces that the takeover bid initiated in France by the company Veolia Environnement SA (Veolia) on the shares of the company Suez SA (Suez), the indirect holder of a 51% stake in the capital and voting rights of Lydec (Lydec) whose shares are listed on the Casablanca Stock Exchange, closed on Friday January 7, 2022.
According to information provided by Euronext Paris, 363,641,261 Suez shares were tendered to the offer. In total, Veolia is able to hold 551,451,261 shares, representing 86.22% of the capital and voting rights of Suez, notes the press release.
