Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 12-09-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | Boussard and Gavaudan Takeover Offer for Futuren | Industry: | Electricity |
| Description: |
Having reinforced its stake in Futuren, an independent producer of electricity from onshore wind energy, Boussard and Gavaudan launched a simplified public takeover bid for EUR110 million, via BG Select Investments Ltd acting in concert with the main shareholders of Futuren, on all of the shares and convertible bonds (OCEANE) issued by Futuren and not already held by B and G and the concerting parties. Subsequent to the tender offer, B and G and Futuren's main shareholders together held 62.71% of outstanding shares and 94.24% of outstanding OCEANE convertible bonds.
Herbert Smith Freehills Paris LLP advised Futuren.
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| Financial Center: | Paris | Value: | 100.01-500.00 |
| Advised Party: | Target Company | Law Firm | Herbert Smith Freehills |
| Target Company Jurisdiction: | France | Acquiror Jurisdiction: | France |
| Classification: |
Strategic Buyer Acquisitions Public Company - Recommended Offer |
Lawyer | Hubert Segain |
