Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 07-05-2015 | Practice Area: | Equity Capital Markets |
| Deal Title: | Charterhouse Funds Sale of Shares in Elior | Industry: | Travel & Leisure |
| Description: |
Ashurst advised Charterhouse Poppy II, Charterhouse Poppy IV, Charterhouse Poppy VI, Societe de Restauration 2 and Societe de Restauration 4, entities controlled by funds managed by Charterhouse and Chequers on the sale of 16.44 million shares of Elior, listed on Euronext Paris, representing approximately 10 per cent of the share capital of the company to institutional investors through an accelerated bookbuilding process. The proceeds from the transaction amounted to approximately EUR255 million.
Following the placement, the Sellers will keep together approximately 51.4 million Elior shares, corresponding to 31.25% of Elior share capital.
Deutsche Bank and JP Morgan acted as joint bookrunners on the sale.
The Ashurst corporate team was led by Yann Gozal, partner, and Margaux Bognon-Kuss, associate and, on US law aspects, by Jennifer Schneck, partner, and Tara Waters, associate.
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| Financial Center: | Paris | Value: | 100.01-500.00 |
| Advised Party: | Issuer | Law Firm | Ashurst |
| Issuer Jurisdiction - | France | Listing Jurisdiction - | France |
| Classification: |
Secondary Offerings and Placings Euronext Paris: |
Lawyer | Yann Gozal |
