McPhy Energy faces possible liquidation

On June 25, 2025, McPhy Energy announced that the Belfort Commercial Court had reviewed the takeover bids as part of its receivership proceedings. The verdict is expected on July 8, 2025.

Regardless of the outcome regarding the adoption of a takeover bid, it is expected that the receivership proceedings will be converted into liquidation proceedings. This will result in the liquidation of the assets not taken over and could result in the delisting of McPhy shares, resulting in a zero value of the shares for shareholders.

Conversion into compulsory liquidation implies that creditors would have priority over shareholders, due to an anticipated realization of assets lower than the company's liabilities.