BOURBON’s Assets Sold to SPP

BOURBON Corporation’s assets sold to Société Phocéenne de Participations by decision of the Marseille Commercial Court, handed down today

By a judgment dated December 23, 2019, the Marseilles Commercial Court decided of 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.