on GAUSSIN (EPA:ALGAU)
Situation of GAUSSIN as of November 11, 2024
Since September 24, 2024, GAUSSIN has been in receivership proceedings. The market was informed of this on September 30. On October 21, trading in the stock was suspended due to atypical movements. The resumption of trading has now been announced.
The Vesoul Commercial Court has set November 4 as the date for the submission of takeover bids. Two bids were submitted, by CORAIL SM and a consortium including Christophe Gaussin. However, they were deemed incomplete and had to be reviewed by November 27.
GAUSSIN is having difficulty finalizing its 2023 accounts. A postponement of the general meeting has been requested. Turnover amounts to 12 million euros for 2023, compared to 25 million in 2022. As of October 31, cash was 1.006 million euros.
R. P.
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