White & Case Advises Société Générale on its Acquisition of Banco Cacique
Paris, Moscow, São Paulo,
April 12, 2007 ... White & Case advised Société Générale on its acquisition of Banco Cacique, a major Brazilian retail bank which employs 1,800 people and serves 600,000 customers. The completion of the transaction is subject to approval by the Central Bank of Brazil.
The White & Case team advising Société Générale was led by partner Bernard Tézé in Paris, working closely with partner Donald Baker and associate Daniel Duval in São Paulo. The Firm worked in collaboration with partner Moacir Zilbovicius and his team at Brazilian firm Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados.
"This transaction is a significant milestone for Société Générale in terms of the realisation of its growth strategy in the Brazilian, Russian, Indian and Chinese markets," commented Bernard Tézé.
The transaction follows on from Société Générale's recent acquisition of 20 percent of the shares in Rosbank, the second largest retail banking institution in Russia. Société Générale has also taken an option to acquire an additional 50 percent of the shares in Rosbank, on which Bernard Tézé, along with White & Case's Moscow team, also advised Société Générale.
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Contact: James Martin Media Relations Mgr EMEA, White & Case 44 0 20 7532 2853/ 44 0 7939 012 011
Karima Ouadia Media Relations Mgr, Paris, White & Case 33 (0) 1 5504 5809
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