Valphi

Cash tender offer initiated by Fosun Property
Independent appraisal and fairness opinion

Employee saving funds invested in company share capital (FCPE)
Valuation of Française des Jeux shares held in employee saving funds

Cash tender offer initiated by Foncière des Régions – Minority shareholders buy-out
Independent appraisal and fairness opinion

Transfer of trade goodwill from Bati Lease to Natixis Lease Immo
Independent appraisal and fairness opinion

Cash tender offer initiated by Financière AI - Parquest Capital
Independent appraisal and fairness opinion