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Cyrille Garnier

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White & Case Advised PCAS in Connection with Its Acquisition of Proteus

Paris, September 22, 2010 ... Global law firm White & Case LLP advised PCAS, listed on Nyse Euronext and specialized in fine and specialty chemicals, in connection with its acquisition of Proteus, a biotechnology company, in which PCAS had a minority interest.

The transaction has been achieved through a contribution of shares compensated by a mix of new PCAS shares and cash.

Proteus is a recognized biotechnology company which focuses on the discovery, engineering and manufacturing of proteins of industrial interest, and on the development of innovative protein-based bioprocesses. The efficiency of Proteus' technology platform has been demonstrated by the successful track record of the company in the life science industry, including healthcare, fine and specialty chemicals, environment and bioenergy.

White & Case LLP Paris team was led by Nicolas Huet, Corporate – M&A partner, and assisted by Cyrille Garnier and Christophe Moreau, associates.

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White & Case LLP is a leading global law firm with lawyers in 36 offices in 25 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our global network and depth of our US, English and local law capabilities in each of our regions and rely on us for their complex cross-border transactions, arbitration and litigation provided by our global practices.

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