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Home > News & Insights > Gide advises Societe Generale on signing an agreement with the Beninese government on the sale of Societe Generale Group's entity in the country

News & Insights

Gide advises Societe Generale on signing an agreement with the Beninese government on the sale of Societe Generale Group's entity in the country

1 August 2024

Deal | France | Afrique | M&A

Gide advised Societe Generale on signing an agreement with the Beninese government in which Societe Generale sells its stake (representing 93.43% of the share capital) in Societe Generale Benin.

The completion of the transaction remains subject to the satisfaction of certain regulatory and other conditions precedent.

The Gide team comprised partner Jean-Gabriel Flandrois, counsel Morgan Marechal and Elisa Domingues on M&A aspects; partner Emmanuel Reille and Eléonore Denis on competition aspects; partner Thierry Dor and counsel Aurélie Pacaud on IT aspects; as well as counsel Magueye Gueye on tax aspects.

Hélène Paty Law Firm acted as local counsel.

M&A Legal Société Générale : Emilie Jarry

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