Gide assists Renault on the sale of its entire stake in Daimler for a total amount of 1.143 billion euros
29 March 2021
Deals | France | Banking & Finance
Gide advised Renault on the sale of its entire stake in Daimler through a placement to qualified investors of 16.4 million shares by way of an accelerated bookbuilding offering.
Gide’s team comprised ICM partner Arnaud Duhamel, assisted by associates Louis Ravaud and Shanna Kim, Corporate partner Olivier Diaz, U.S law partner Melinda Arsouze, assisted by senior associate Scott Logan, and Tax counsel Alexandre Bochu.
The bank syndicate was led by BNP Paribas and HSBC Continental Europe and assisted by White & Case’s teams.