Linklaters advises Verallia on the competition aspects of BWGI’s planned tender offer for Verallia shares

The Linklaters Paris team, led by partner Anne Wachsmann, advises Verallia on the competition aspects, particularly those related to merger control, in connection with BWGI's public tender offer project on Verallia shares.

BWGI, Verallia’s key shareholder since its IPO in 2019, currently holding approximately 29% of the capital, has announced its upcoming submission of a public purchase offer to acquire the remaining Verallia shares, at a price of 30 euros per share in cash. BWGI does not intend to delist the company following the offer.

This project of public offer will be subject to obtaining the applicable regulatory approvals and is expected to be submitted to the French Financial Markets Authority, l’Autorité des marchés financiers (“AMF”) in April 2025.

With nearly 11,000 employees and 35 plants in 12 countries, Verallia is the third-largest global producer of glass packaging for beverages and food products. Verallia shares are listed on the regulated market of Euronext Paris.

The Competition team at Linklaters Paris consists of partner Anne Wachsmann, counsel Nicolas Zacharie, and associate Antoine Reco.