The French textile group SMCP (Sandro, Maje, Claudie Pierlot and Fursac) announced on Thursday the sale of shares that could represent up to 51.2 percent of the capital. The process will take “several months” and could allow the company to “stabilize its shareholder structure.”
This announcement follows the forced retransfer of 15.5 percent of SMCP’s capital to a Luxembourg holding company in August 2025. The shares had previously been unlawfully transferred to a trust in the British Virgin Islands.
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