Global Bioenergies: postponement of the takeover offers review hearing to 24 November

Core Points - The review hearing for the takeover offers of Global Bioenergies has been postponed to 24 November 2025, with a new deadline for submitting offers set for 12 November 2025 [2] - The company initiated a pre-pack sale process on 3 June 2025, and a receivership procedure was opened by the Evry Commercial Court on 29 September 2025 to implement a sale plan [2] - If no final offer is made, judicial liquidation proceedings will commence simultaneously with the court's judgment, likely resulting in the delisting of Global Bioenergies' shares, with residual value expected to be zero due to liabilities exceeding asset sale proceeds [3] - The company is currently unable to finalize its half-year financial statements due to uncertainties surrounding the ongoing process [4]