Upon completion of the offering, the founders will hold 24.8% of the company’s capital and voting rights. Zouari, who is its chief executive officer, participated in the IPO and purchased units worth 18 million euros. In France, Zouari is known for his investment in frozen-food retailer Picard Groupe SAS. He recently tried to snap up the organic supermarket chain Bio C’ Bon, which was in receivership, but he was trumped by a Carrefour SA bid.
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December 09, 2020 at 05:07PM
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Billionaire’s $363 Million Blank-Check Firm Jumps in Debut - BloombergQuint
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