Gaussin SA (FR:ALGAU) has released an update.
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Gaussin SA has reported that CORAIL-SM has submitted a bid to take over the assets and activities of its subsidiary Metalliance, which is currently in judicial recovery. The offer includes a sale price of 1 million euros and outlines the creation of two new entities to manage Metalliance’s operations, but raises concerns over potential intellectual property infringement and a significant workforce reduction. Gaussin SA has responded with a counteroffer to purchase logistic parts for 3 million euros and is seeking government intervention to protect its strategic interests.
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