French court orders sale of BOURBON assets to banking consortium
PARIS - In a judgment dated December 23, 2019, the Marseilles Commercial Court decided on the disposal of the assets of BOURBON Corporation to Société Phocéenne de Participations (SPP), a company owned by the following banking institutions : BNP Paribas, Caisse Régionale de Crédit Agricole Mutuel Alpes Provence, Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile de France, CM-CIC Investissement SCR, Crédit Lyonnais, Natixis and Société Générale.
Transfer of ownership of the BOURBON Corporation assets will take place as of January 2, 2020.
