Gide is advising BNP Paribas Cardif on the agreement entered into with Europ Assistance Holding S.A. for the acquisition of 100% of Icare SA, the parent company of the Icare group.
The acquisition remains subject to approval from the French Competition and Prudential Supervision & Resolution Authorities.
Icare is a major player in marketing and managing insurance cover and services for the automotive market in France and a pioneer in mechanical breakdown warranties and maintenance contracts in France.
Legal counsel for BNP Paribas Cardif:
Gide - Jean-Gabriel Flandrois (partner) and Baba Hady Thiam on corporate aspects, Richard Ghueldre (partner) and Sophie Creusvaux on insurance aspects and Emmanuel Reille (partner) on competition aspects
Group Legal Department, BNP Paribas - Stéphane Martin
Arsene Taxand - Mimouna Verban, Charlotte Leclerc, Marlène Godard on tax aspects.