Gide advises Société Générale on the sale of its subsidiaries in Mauritania, Chad, Equatorial Guinea and Congo

Gide advised Société Générale on the signing of various agreements relating to the sale of its subsidiaries in Mauritania, Chad, Equatorial Guinea and Congo.

Subject to the satisfaction of certain conditions precedent (in particular regulatory approvals), the Coris group would purchase  Société Générale’s stake in Société Générale Mauritanie and Société Générale Tchad, while the Vista group would purchase Société Générale’s stake in Société Générale de Banques en Guinée Equatoriale and Société Générale Congo.

The Gide team is composed of Jean-Gabriel Flandrois, partner, Morgan Maréchal, counsel, Eya Ennaifer, Cyprien Delorme and Iléna Germain, associates, for the M&A aspects; Emmanuel Reille, partner, and Eléonore Denis, associate, for the competition law aspects; Olivier Dauchez, partner, and Alan Sournac, associate, for the tax law aspects; and Foulques de Rostolan, partner, for the employment law aspects.

M&A Legal Société Générale: Emilie Jarry

Coris group legal counsel: Asafo & Co

Vista group legal counsel: Astura