on Metabolic Explorer (EPA:METEX)
METabolic EXplorer receives takeover offer for METEX NØØVISTAGO
Clermont-Ferrand, June 3, 2024 – METabolic EXplorer (METEX) announces the receipt of a takeover offer from Avril concerning the activities of METEX NØØVISTAGO as well as certain commercial and research and development (R&D) activities. This offer was examined by the Paris Commercial Court as part of the legal recovery of METEX NØØVISTAGO.
The receivers also received an expression of interest in the R&D activities of METabolic EXplorer. The Court's decision regarding the compulsory liquidation of METEX NØØVISTA is expected on June 25, 2024. This April offer could help preserve 304 jobs and was supported by several public and regional actors.
Trading of the METabolic EXplorer share remains suspended. Investors should note that asset sales will not cover the group's liabilities, which is expected to lead to a compulsory liquidation of the entities concerned.
R. P.
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