6 janvier 2022
Linklaters advises TDR-led consortium on the contemplated combination of LeasePlan and ALD
Linklaters has advised the shareholders of LeasePlan, one of the world's leading vehicle leasing companies, on its contemplated combination with ALD, Societe Generale's car leasing division, for EUR 4.9 billion.
Under the terms of the proposed combination, the consortium of investors who currently own LeasePlan, led by investment funds managed by TDR Capital LLP, will receive a combination of cash consideration and shares and warrants in ALD.
The combination is subject to information and consultation of relevant works councils and receipt of customary regulatory approvals.
A cross-border team from Linklaters advised the LeasePlan consortium, led by private equity/corporate partners Will Aitken-Davies and Dan Schuster-Woldan (both London), corporate partner Bruno Derieux (Paris) and corporate partner Mariken van Esch (Amsterdam). The corporate team also included associates Rohan Dey, Cameron Western and Andrew Huxtable (all London), counsel Nicolas Le Guillou, associates Jacques Mazé, Marine Hennequin (all Paris) and Niki van Kessel (Amsterdam).
The anti-trust team was led by partner Christian Ahlborn (London) and counsel Neil Hoolihan (Brussels), while counsel Jamie Coomber (London), partner Cyril Boussion and associate Lucille Cazala (both Paris) led the tax team. Financial regulatory advice was provided by partners Peter Bevan (London) and Bas Jennen (Amsterdam), counsel Ngoc-Hong Ma (Paris), and associate Pan Papakyprianou (both London). Partner Géric Clomes, managing associate Alice Klein (both Paris) and counsel Vincent Gerlach (Amsterdam), with associate Jill Reijnen Husagić (Amsterdam) led on employment advice, and partner Bertrand Sénéchal (Paris) on capital markets.
Under the terms of the proposed combination, the consortium of investors who currently own LeasePlan, led by investment funds managed by TDR Capital LLP, will receive a combination of cash consideration and shares and warrants in ALD.
The combination is subject to information and consultation of relevant works councils and receipt of customary regulatory approvals.
A cross-border team from Linklaters advised the LeasePlan consortium, led by private equity/corporate partners Will Aitken-Davies and Dan Schuster-Woldan (both London), corporate partner Bruno Derieux (Paris) and corporate partner Mariken van Esch (Amsterdam). The corporate team also included associates Rohan Dey, Cameron Western and Andrew Huxtable (all London), counsel Nicolas Le Guillou, associates Jacques Mazé, Marine Hennequin (all Paris) and Niki van Kessel (Amsterdam).
The anti-trust team was led by partner Christian Ahlborn (London) and counsel Neil Hoolihan (Brussels), while counsel Jamie Coomber (London), partner Cyril Boussion and associate Lucille Cazala (both Paris) led the tax team. Financial regulatory advice was provided by partners Peter Bevan (London) and Bas Jennen (Amsterdam), counsel Ngoc-Hong Ma (Paris), and associate Pan Papakyprianou (both London). Partner Géric Clomes, managing associate Alice Klein (both Paris) and counsel Vincent Gerlach (Amsterdam), with associate Jill Reijnen Husagić (Amsterdam) led on employment advice, and partner Bertrand Sénéchal (Paris) on capital markets.
