Solocal: agreement in principle with creditors and shareholders
In addition to meeting the company's objectives of substantially reducing its indebtedness and securing the group's liquidity, this agreement opens up new value-creating prospects thanks to short-term synergies", it states.
The intelligence services group specifies that, following the envisaged operations, it would be controlled by Ycor, and that its current shareholders would be massively diluted (their existing shares would represent less than 1% of Solocal's capital).
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