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<a href="http://www.accessmylibrary.com/article-1G1-136198257/semad-not-delist-galeries.html" title="Facts and information about Semad will not delist Galeries Lafayette.">Semad will not delist Galeries Lafayette.</a>
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Semad will not delist Galeries Lafayette.
(From Le Monde)
Semad, the company owned by French bank BNP Paribas and the Moulin family, has failed to obtain the 95 per cent of the share and voting capital of Galeries Lafayette it needed to withdraw the department store group from the stock exchange.
After launching a takeover bid on March 29, Semad now controls 72.46 per cent of the share capital and 79.42 per …
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