Today (19 June 2017) Euro Disney S.C.A. the owners and operators of Disneyland Paris was compulsory delisted from the Euronext Paris Stock Exchange by the French financial markets regulator L’Autorité des marchés financiers (AMF) following the success of the Simplified Cash Tender Offer for the Euro Disney Group by The Walt Disney Company (TWDC).
The completion of the highly controversial takeover saw Euro Disney shareholders paid just €2.00 per share.
Today’s news will see Euro Disney S.C.A. becoming a wholly owned subsidiary of The Walt Disney Company which is headquartered in Burbank, California, U.S.A. and incorporated under the laws of the State of Delaware, U.S.A. via their subsidiaries the EDL Holding Company LLC1, Simplified Euro Disney Investments S.A.S. and EDL Corporation S.A.S. on the basis of a total share capital holding comprising of 783,364,900 shares once the mandatory buy-out of the remaining 22,661,121 shares takes place.
The Walt Disney Company purchased 76,890,110 Euro Disney shares under the Offers Semi-Centralised procedure and 9,379,335 shares on the stock market.