Breaking News                 Latest News            Usa News                 Latest News

Cocoa: Korean Messenger launches Klip
The appetite comes with eating for Group Bertrand. The French giant of the restoration, among other owner of the parisian brasseries Lipp, Au Pied de Cochon, La

Group Bertrand launches a TAKEOVER bid to recover the shares of Groupe Flo

The appetite comes with eating for Group Bertrand. The French giant of the restoration, among other owner of the parisian brasseries Lipp, Au Pied de Cochon, La

Group Bertrand launches a TAKEOVER bid to recover the shares of Groupe Flo

The appetite comes with eating for Group Bertrand. The French giant of the restoration, among other owner of the parisian brasseries Lipp, Au Pied de Cochon, La Coupole, Le Procope, and Bofinger, will launch a tender offer to recover the shares of Groupe Flo that he has not yet. The cost of the operation would amount to more than € 36 million. This announcement comes after the purchase of a block of 6.2% of Flo. Groupe Bertrand, which carries its participation in 77.2 per cent, is considering the delisting of Flo.

" READ ALSO - After Hippopotamus, the Group is Bertrand ready to swallow Léon de Bruxelles

This acquisition is part of the commitment of the Group Bertrand "to engage in the recovery plan Flo, in a more efficient manner". Groupe Flo, for its part, is going to "reunite as soon as possible its board of directors to review the follow up to the advertised offer by Groupe Bertrand".

Customary adjustments signs loss of speed

Launched in 2017, the rescue Group Flo started with the purchase of 70% of the shares. The group led by Olivier Bertrand then resold the brand Tablapizza before to focus its efforts on Hippopotamus. A strategy that has paid off, as the sign of steakhouse seems to pop its head out of the water after having experienced some difficult years.

" READ ALSO - Group Bertrand is invited to the table of Elior

Group Bertrand, who also owns the tea room Angelina, and the franchise of Burger King in France, is customary adjustments signs loss of speed. In 2016, he has redeemed Quick for 700 million euros, and the brasseries Blanc Brothers for $ 80 million. On 26 July, it announced the purchase of Léon de Bruxelles.

By speeding up the pace of its acquisitions in all segments, from fast food to luxury, group to the annual turnover of 1.8 billion euros, wants to expand its card. In the second position on the market in France behind Mcdonald's, Groupe Bertrand still doesn't seem quite full.

Publish Date : 07 Ağustos 2019 Çarşamba 00:00

Breaking News Headlines

In spite of the crisis in the case of Media Markt & Saturn: mother-to-group makes large profit
In spite of the crisis in the case of Media Markt & Saturn: mother-to-group makes large profit
Tug-of-war to Metro: trade group rejects billion Takeover
Tug-of-war to Metro: trade group rejects billion Takeover
Bitcoin price under $ 10,000: crypto-Scam to blame?
Bitcoin price under $ 10,000: crypto-Scam to blame?
Bitcoin-exchange-Coinbase wants to be the largest crypto-Trustee of the world
Bitcoin-exchange-Coinbase wants to be the largest crypto-Trustee of the world
How Blockchain Is Changing Social Media
How Blockchain Is Changing Social Media
Signs that You Could be a Snowboarding Instructor
Signs that You Could be a Snowboarding Instructor
4 Tips to Get the Perfect Romantic Gift for Your Partner
4 Tips to Get the Perfect Romantic Gift for Your Partner
7 exciting benefits of Cryptocurrency
7 exciting benefits of Cryptocurrency
This woman chastises Apple and Google billions of dollars – we Have a large desk
This woman chastises Apple and Google billions of dollars – we Have a large desk
Health Stocks Yielding Healthy Dividends
Health Stocks Yielding Healthy Dividends
Who wield the gavel on Dani Mateo
Who wield the gavel on Dani Mateo
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Pages
NEWS ARCHIVES