White & Case Advises Bank Syndicate on Group Bolloré Sale of Havas' Share Capital
Global law firm White & Case LLP has advised BNP Paribas, CM-CIC, Crédit Agricole Corporate and Investment Bank, Mediobanca, Natixis and Société Générale Corporate & Investment Banking, as Joint Bookrunners, on the sale by Group Bolloré of 22.5 percent of Havas’ share capital.
Group Bolloré sold a total of 93.9 million shares, representing 22.5 percent of Havas' share capital, for a total amount of €601 million in a private placement. The transaction will enable Havas to benefit from a significant free-float and maintain the liquidity of its shares, while Group Bolloré retains a significant majority.
The White & Case team in Paris was led by partners Philippe Herbelin and Séverin Robillard with support from associates Kevin Paviet-Salomon, Antonin Deslandes and Boris Kreiss. Counsel Max Turner advised on US law aspects. Partner Alexandre Ippolito and associate Marcus Schmidbauer advised on tax issues.
For more information please speak to your local media contact.