MBO not on the table at Groupama

francois boisseau xavier

"The group has demonstrated already in France that when they do not receive a proper offer they do not proceed and execute the sale," he said.

"There is no point for the group to under-sell the company at any cost. That is why it will take months to develop and we will see if the group is happy or not in selling based on the interest it has received."

Asked whether he was actively pursuing a management buyout Mr Boisseau stated: "No we are not. To be blunt and honest, today an MBO is not on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: