Groupe CRIT Secures Family Control with Regulatory Exemptions

Groupe CRIT (FR:CEN) has released an update.

Groupe CRIT has been granted exemptions by the Financial Markets Authority, allowing the Guedj family to proceed with a generational transfer of control over the company without filing a public offer for its shares. This decision ensures the family’s continued influence over the firm, with no expected impact on Groupe CRIT’s operations or strategy. Nathalie Jaoui will remain as Chairman and CEO, maintaining stability as the company advances.

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