Darrois Villey Maillot Brochier advises Financière Lov and FL Entertainment on the de-spacing of FL Entertainment and Pegasus Entrepreneurial Acquisition Company Europe (ticker code: PEACE) resulting in the listing of FL Entertainment on Euronext Amsterdam
Paris, 17 May 2022
Darrois Villey Maillot Brochier advises Financière Lov and FL Entertainment on the merger by absorption (de-spacing) by FL Entertainment, the new umbrella company of Banijay Group and Betclic Everest Group, of Pegasus Entrepreneurial Acquisition Company Europe (“Pegasus Entrepreneurs”), a SPAC listed on Euronext Amsterdam, pursuant to which FL Entertainment will be listed on Euronext Amsterdam.
The transaction values FL Entertainment at EUR 4.1 billion (with a pro forma enterprise value of EUR 7.2 billion), thus making it the largest de-spacing transaction in Europe to date. Upon completion of the transaction, Financière Lov (controlled by Stéphane Courbit and his family) will hold 46% of the share capital and 72% of the voting rights of FL Entertainment through a multiple voting rights mechanism. Vivendi, Fimalac, Monte-Carlo SBM International (“SBM International”) and De Agostini will hold approximately 19%, 7%, 10% and 5% of the economic rights of FL Entertainment respectively.
The Darrois Villey Maillot Brochier team is led by Christophe Vinsonneau (partner) and includes Cécile de Narp, Maxime Wach and Apolline Couderc on corporate and M&A aspects, Romain Querenet de Breville on capital markets matters, Ben Burman (partner) on U.S. law aspects, Martin Lebeuf (partner), Maxime Garcia and Sami Tareb on financing matters, Guillaume Aubron (partner) and Solène Eder on antitrust law aspects.
Villey Girard Grolleaud on tax aspects, BDGS on regulatory aspects, Flichy Grangé Avocats on employment law aspects and Stibbe on Dutch law aspects also advised Financière Lov and FL Entertainment.
White & Case advised Pegasus Entrepreneurs, together with NautaDutilh on Dutch law aspects.
Bredin Prat advised SBM International, together with De Brauw on the Dutch legal aspects.
Brandford Griffith advised Fimalac, with Houthoff on Dutch law aspects.
Bompoint advised Vivendi, with Loyens on Dutch law aspects.
Cleary Gottlieb Steen & Hamilton advised DEA.
Darrois Villey Maillot Brochier Bouygues on its €2 billion dual tranche bond issue
02 June 2022
Darrois Villey Maillot Brochier advised Clariane on the strengthening of its financial structure Paris, 20 November 2023 Darrois Villey Maillot Brochier advised Clariane on the strengthening of its financial structure to overcome a sharply deteriorated access to financing. The Darrois Villey Maillot Brochier team is led by Bertrand Cardi, Olivier Huyghues Despointes and Nicolas Mennesson (partners), with Dafna Davidova and Chaïmaa Hainoune on M&A aspects. Laurent Gautier (partner) and Isabelle Touré-Farah (counsel) advise Clariane on Capital Markets aspects, Martin Lebeuf (partner) and Sami Tareb on financing law aspects, François Kopf (partner), Inès de Matharel and Martin Lodéon on restructuring aspects, Matthieu Brochier (partner) on litigation aspects, and Guillaume Aubron (partner) and Hugo Flottes on competition law aspects.
20 November 2023
Darrois Villey Maillot Brochier advised Groupe Galeries Lafayette on the sale of BHV Marais to Groupe SGM
15 November 2023