Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
Gide has advised MSC Group, a major player in container transport and logistics, on the 100% acquisition of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value of EUR 5.7 billion, net of minority interests.
The Bolloré Group has granted the MSC Group an exclusivity until 31 March 2022 to enable the MSC Group, further to an additional due diligence phase and contractual negotiations, to submit a put option. The Bolloré Group’s decision to exercise this put option and the signature of the relevant agreements may only take place after the competent employee representative bodies have been informed and consulted, and certain internal reorganisation operations have been carried out within the Bolloré Group. Completion of the sale would require the approval of regulatory and competition authorities, as well as of certain counterparties of Bolloré Africa Logistics.
Gide drew on a team made up of 26 lawyers based in Paris, Brussels, London and Casablanca. The team was headed by partners Anne Tolila and Stéphane Vernay, and comprised:
Gide's team worked closely with the teams of MSC Group, headed by Hugues Favard and Clara Beuth.
Bolloré Group was advised by Allen & Overy (partner Alexandre Ancel and his team in M&A/Corporate) and firm Bompoint.
