Former owner of Bricorama loses legal action against minority shareholders

Posted on Nov 30, 2020 at 5:24 PM

It is a new battle that the Bourrelier family group, former owner of Bricorama, has just lost to its minority shareholders. The Paris Court of Appeal ruled in favor of the Autorité des Marchés Financiers (AMF), which last March ordered Jean-Claude Bourrelier, the majority shareholder of his group, to launch a public buyout offer (OPR) on the balance of capital that it does not hold.

The case will undoubtedly go to the court of cassation. The group reported studying

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