A successful sale by CNP of its entire stake in M6 via ABB

Clients success

The Strategic Equity Capital Markets (SECM) team of Natixis CIB is pleased to have supported the  successful sale by CNP (Compagnie Nationale à Portefeuille) of its entire stake in M6.

The transaction consisted in a placement of 6,387,281 shares and c. 5.05% of M6 share capital by way of accelerated book-built offering to qualified investors only, at a price of EUR 16.80 per share, for a total amount of c.EUR 107.3m.

It is already the second ABB for Natixis CIB SECM team successfully priced in 2022.

Commenting on this sale, CNP declared: “CNP, as an active shareholder since 2006, is honoured and proud to have accompanied M6 in its exciting journey to become one of the most competitive broadcasters on the French market over the last decade. Together with the Frère Family, CNP is deeply thankful to Nicolas de Tavernost and his teams for the outstanding collaboration over the last 15 years.

Natixis CIB is delighted to have supported CNP in this transaction.


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