The Mus\u00e9e Gr\u00e9vin is a symbol of Paris, open since 1882 and listed since 1904. Compagnie des Alpes was the majority shareholder (96% of shares, 97% of voting rights).<\/p>\n
On February 1st, 2022, Compagnie des Alpes, accompanied by Cr\u00e9dit Agricole Mutuel des Savoie, has filed a public offer for a compulsory buy-out of Mus\u00e9e Gr\u00e9vin shares. The offer, at 66\u20ac per share, corresponded to a 25% implied premium compared to the last quoted price and a 30% implied premium compared to the last 3-month average quoted price at this date.<\/p>\n
SORGEM Evaluation was appointed as the independent expert to provide a fairness opinion on the transaction. We have notably analysed historical and forecast data, on the company and its market. Our opinion relied, among others, on our analysis of the stock price and the results of our valuation work based on a method of discounted cash flows (DCF) and comparable companies multiples.<\/p>\n
The buy-out date is set to April 12, 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Mus\u00e9e Gr\u00e9vin is a symbol of Paris, open since 1882 and listed since 1904. Compagnie des Alpes was the…<\/p>\n","protected":false},"author":7,"featured_media":2331,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54],"tags":[],"class_list":["post-2330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-achievements","wp-sticky"],"acf":[],"yoast_head":"\n