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Herbert Smith Freehills advises on the simplified public takeover bid on Futuren by Boussard & Gavaudan

12 September 2016
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Having reinforced its stake in Futuren, an independent producer of electricity from onshore wind energy, Boussard & Gavaudan (B&G) launched a simplified public takeover bid for €110 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&G and the concerting parties. Subsequent to the tender offer, B&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, led by Paris corporate partner Hubert Segain, assisted by Christopher Theris, (of counsel) and Stevenn Devaux. 

Stehlin et Associés advised the main shareholders of Futuren, with partners Marc Stehlin and Cyril Boillot.

White & Case advised B&G (Franck de Vita (partner) and Camille Note).

 

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Operating from over 26 offices across Asia Pacific, EMEA and North America, Herbert Smith Freehills is at the heart of the new global business landscape providing premium quality, full-service legal advice. We provide many of the world’s most important organisations with access to market-leading dispute resolution, projects and transactional legal advice, combined with expertise in a number of global industry sectors, including energy, natural resources, infrastructure, technology and financial services. www.herbertsmithfreehills.com

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