Montagne et Neige Developpement SACA (FR:ALMND) has released an update.
Montagne et Neige Developpement (MND) supports the public withdrawal offer from L&M Infra at €0.90 per share, as the Board of Directors and an independent expert deem it financially fair. The offer aligns with the company’s, shareholders’, and employees’ interests, with plans for a subsequent compulsory withdrawal from the Euronext Growth market. MND, a French group active in cable mobility and leisure infrastructure, faced a significant impact from a dissolved partnership, estimating a loss of €40M in opportunities.
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