Darrois Villey Maillot Brochier advised the Casino group on the reorganization of Cnova’s Brazilian activities within Via Varejo
Darrois Villey Maillot Brochier advised the Casino group on the possible combination between Cnova’s Brazilian subsidiary, Cnova Brazil and Via Varejo and the potential tender offer of Casino on the outstanding ordinary shares of Cnova held by its public shareholders.
Cnova is one of the world’s largest e-Commerce companies with 15 million active customers via state-of-the-art e-tail and more than 32 million items proposed. Cnova’s net sales in 2015 amounted to €3,420million.
Darrois Villey Maillot Brochier had already advised Casino for the IPO of Cnova on the Nasdaq and Euronext Paris. The firm also advised Casino on other transactions in France, Asia and Latin America and notably, on the disposal of Big C in Thailand and in Vietnam at the beginning of 2016.
The Darrois Villey Maillot Brochier team was led by Bertrand Cardi and Olivier Huyghues Despointes (partners), Laurent Gautier (counsel) and Charlotte Ferran in M&A and Vincent Agulhon (partner) and Brian Martin for the tax aspects.
Casino group was also advised by Wachtell Lipton Rosen and Katz on US law aspects, Trindade and Lefosse on Brazilian law aspects and NautaDutilh on Dutch law aspects.
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