The CEO of Geodis would flip-flop. According to Libération on Monday, the freight subsidiary of SNCF should ultimately maintain its takeover offer Sernam. "I say again very clearly that we have made an offer with the intention to resume Sernam. [...] We will present in court Tuesday, "assured the head of Geodis, Pierre Blayau.
These comments contrast with those held this weekend in the columns of the Sunday newspaper. Pierre Blayau there considered "not dramatic" the hypothesis of a carrier's bankruptcy. And remember that Geodis accompanied its takeover offer on two conditions.
The first, on the € 642 million illegal aid demanded by Brussels, has been fulfilled. The European Commission agreed Wednesday that the buyer does not inherit Sernam the repayment obligation. But the second, concerning the financial health of the carrier and the state of its cash, however would default. Geodis claimed that Sernam to work only for 30 to 45 days, which would require a cash of about 30 million euros.
Government pressure
Earlier in the week, Pierre Blayau, who considers the financial position of Sernam very poor, had signified to the unions that the recovery was compromised. "It made us realize that it will not be able to maintain its offer," explained Alain told AFP Wednesday Delpuech CGT carrier. According to Libération, Pierre Blayau has even said that the resumption of Sernam could "endanger jobs at Geodis."
For the newspaper, citing several sources, only pressure from the government would explain the reversal of Geodis. "The Elysee has called this weekend for Blayau maintains its offer," says a source close to release the file.
The transport minister, Thierry Mariani, has so far invested actively in this matter. The effect of the liquidation of an enterprise of 1441 employees on the eve of the presidential election is considered disastrous. The Commercial Court of Nanterre travel Tuesday its decision on the future of Sernam.
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