LAND'OR Announces Non‑Binding Offer from Poulina Group Holding for Full Acquisition of Its Stake
Date: (Insert date of announcement if known)
Key Highlights
- Offer Received: The American investment fund Maghreb Private Equity Fund IV LLC (MPEFIV) has received a non‑binding offer from Poulina Group Holding (PGH) to acquire 100 % of LAND'OR’s direct and indirect shareholding in the LAND'OR Group.
- Pre‑liminary Agreement: Both parties have signed a non‑binding preliminary agreement, marking the first formal step in a structured sale process.
- Conditions for Completion:
- Completion of due‑diligence audits.
- Negotiation and signing of definitive contracts.
- Obtaining all required administrative and regulatory authorizations.
- Transparency Commitment: LAND'OR pledges to keep shareholders and the public informed of the transaction’s progress, in line with applicable regulations.
Detailed Statement
“LAND'OR announces that the American investment fund Maghreb Private Equity Fund IV LLC (MPEFIV) has received a non‑binding offer from Poulina Group Holding (PGH) for the acquisition of the entirety of its direct and indirect participation in the capital of the LAND'OR Group. The two parties have signed a non‑binding preliminary agreement, the first formal step of a structured divestiture process. The finalisation of the transaction remains conditional upon the completion of due‑diligence audits, the negotiation and signing of definitive contracts, and the obtaining of the necessary administrative and regulatory authorisations. LAND'OR is committed to keeping its shareholders and the public informed of the case’s evolution, in accordance with current regulations.”
What This Means for Stakeholders
- Investors: The offer signals potential ownership change and may affect future valuation and strategic direction of LAND'OR.
- Employees: No immediate operational impact is expected; however, further updates will be provided as the process advances.
- Regulators & Partners: All required approvals will be pursued to ensure compliance with local and international regulatory frameworks.
For further information, please contact LAND'OR’s Investor Relations department or visit the company’s official website.
