(News Bulletin 247) – Orpea unveiled on Friday evening the results of two legal expert reports carried out as part of the implementation of its financial restructuring project.
The first report, which related to the valuation of the operator of retirement homes in continuity of operation, led the cabinet Ledouble, the mandated independent financial expert, to favor a range of values ​​between six and seven billion euros. euros.
The second, signed by the same accounting firm, looked at the valuation of Orpea in liquidation, including a scenario for the realization of the assets taken in isolation and a scenario for the sale of all the assets to a buyer.
Based on this, the report concluded that the best estimate of net asset value was between €2.6 billion and €3.7 billion.
By way of comparison, the market capitalization of Orpea only stands at 132 million euros today, after a loss in value of nearly 98% in three years.
The judge appointed as part of Orpea’s accelerated safeguard procedure had appointed the Ledouble firm to draw up these two reports with a view to the company’s financial restructuring.
Following these publications, the Orpea share jumped by more than 10% on Monday in the first exchanges on the Paris Stock Exchange.
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