French Regulator Blocks Billionaire Bollore’s Buyout Offers

France’s stock market regulator has blocked Bollore SE’s buyout offers for three companies within its corporate structure, the latest twist in a long-running standoff over the plan.

The Autorite des Marches Financiers, or AMF, declared the tender offers that were to be followed by mandatory squeeze-outs as “non-compliant,” according to decisions posted on its website. The regulator said the reasons would be published shortly.

In a separate statement, Bollore said it regrets the outcome.

The rejection comes after Bollore SE minority investors complained about the terms of the offers for shares in Compagnie du Cambodge, Financière Moncey and ...