Linklaters is advising Wendel on its exclusive negotiations with TE Connectivity Ltd. in the context of the project to sell the entire share capital of Deutsch, the world specialist in high performance connectors. Wendel has received a firm offer valuing Deutsch at 2.1 billion dollars (1.55 billion Euros).
An international multidisciplinary team led by David Swinburne, Partner, has been created for the purposes of this transaction. He is assisted by Julien Wagmann, Martin Ozanne, Marine Delaitre and Sophie Roqueplo on the corporate aspects. Anne Wachsmann, Partner, and Nicolas Zacharie, Counsel, are advising on the merger control aspects. The banking and employment aspects are being managed by Kathryn Merryfield, Counsel, and Jérôme Cordier, Counsel, respectively.
Teams from Linklaters’ offices in New York and London have also been involved in the transaction.
Linklaters in Paris is regularly involved in major transactions in France. Teams in Paris have notably advised GDF Suez on the merger of its international energy division with International Power and on the acquisition by the Chinese fund China Investment Corporation (CIC) of a 30% stake in its Exploration & Production division and of a 10% stake in the LNG Atlantic liquefaction plant in Trinidad and Tobago, the Caisse des Dépôts on the share capital increase of La Poste, EDF Énergies Nouvelles (EN) on the public tender offer for 100% of EDF EN by EDF, Vodafone on the sale of its 44% shareholding in SFR to Vivendi, and Morgan Stanley & Co. International plc in its role as financial advisor and presenting bank of Solvay in the context of the friendly cash offer for Rhodia.
Press contact at Linklaters
Solène Guesdon: (+33) 1 56 43 59 69
