Transport & Logistics
Bourbon soon in the hands of five French banks including BNP, SocGen and Natixis

Bourbon soon in the hands of five French banks including BNP, SocGen and Natixis

After months of uncertainty surrounding the takeover of the French marine and logistics group, the decision of the Marseille Commercial Court is expected on 23 December.

Someone shares this article with you
            ▪ Bourbon soon in the hands of five French banks including BNP, SocGen and Natixis

▪ After months of uncertainty surrounding the takeover of the French marine and logistics group, the decision of the Marseille Commercial Court is expected on 23 December.

https://www.jeuneafriquebusinessplus.com/en/801747/bourbon-bientot-entre-les-mains-de-cinq-banques-francaises-dont-bnp-socgen-et-natixis/

20/12/2019 at 15h52, by Jeune Afrique Business+, updated 30/12/2019

Next Monday’s decision should endorse a takeover of Bourbon – the specialist in maritime services for the offshore oil and gas industry – by Société Phocéenne de Participations. The latter, a special purpose vehicle set up for the operation is domiciled in Marseille and chaired by banker Jean Peyrelevade, who led restructuring of Crédit Lyonnais in the 1990s. The senior management team also includes Régis Rivière, a specialist in financial restructuring at the head of Alvarez & Marsall.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Bank & Insurance

07/10/2020 at 21h44, by Jeune Afrique Business+

Transport & Logistics

30/09/2020 at 08h44, by Jeune Afrique Business+

Subsea 7 first to benefit from Bourbon’s new service in Angola

The offshore services specialist is launching an integrated logistics offer for its oil company clients,...

Transport & Logistics

05/06/2020 at 19h06, by Jeune Afrique Business+, updated 15/01/2021

Bourbon ties up dozens of vessels, largely in the Gulf of Guinea

Bourbon Maritime, a leading offshore services company, is bearing the brunt of a dual crisis.

Transport & Logistics

08/04/2020 at 18h58, by Thibaud Teillard

Bourbon forced to reduce fleet operations

Three months after being acquired by five creditor banks, Bourbon is faced with a new market crisis....

Bank & Insurance

06/01/2020 at 17h29, by Aurélie Benoit, updated 07/01/2020

Hakim Ouzzani (SocGen Ghana) looks to the IFC to expand its SME offering

One of the country’s largest banks seeks to gain from the dynamic performance of the sector and is looking...

Transport & Logistics

22/11/2019 at 20h13, by Thibaud Teillard, updated 25/11/2019

Peschaud (oil logistics) interested in the Bourbon takeover

Four takeover offers were submitted on 20 November, the deadline set by the court-appointed receivers...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.