Duteil Avocats

As a leading private equity, M&A and capital markets law firm, Duteil Avocats has expanded its service offering to include financing operations and advice to start-ups. Relying on recognized expertise in its areas of specialisation, Duteil Avocats has over more than 20 years successfully closed several complex French and cross-border transactions.

News

Press release:

Duteil Avocats advised M. Jean-Baptiste DESCROIX VERNIER, founder and majority shareholder of DALENYS (listed on Euronext Brussels and Euronext Paris), as an agreement prescribing the acquisition by Natixis of 50.04% of DALENYS’ capital was signed.

Lyon, 26th of June 2017 – Every share was valued at 9 euros, which represents a 160 million euros global valuation for the company. Yet the operation is conditioned on obtaining regulatory approvals and prior devolution of the Telecom division.

After the transaction, Natixis will make a takeover bid on DALENYS’ balance of the shares and subscription rights.