Longstanding Umanis shareholders (Laurent Piepszownik and Olivier Pouligny) and LFPI have just announced the final completion by LFPI of an indirect minority investment in the share capital of Umanis. Upon completion of the investment, Umanis, French leader in data, digital and business solutions, will remain owned and controlled by its longstanding shareholders, who have entered into a shareholders' agreement with LFPI.
To successfully complete this operation, the French financial markets authority granted on 12 June 2018, a waiver of the obligation to file a proposed public exchange offer on Umanis titles.
Gide advised LFPI Group on this operation, with a team comprising partners Antoine Tézenas du Montcel and David-James Sebag, counsel Matthias Grolier, and associates Julien Negroni and Mayssa Sader on aspects of corporate and securities law.
Linklaters advised the Umanis longstanding shareholders.