Norton Rose Fulbright advises Berenberg on € 122m Solutions 30 share sale

Business October 27, 2017

Global law firm Norton Rose Fulbright has advised private bank Berenberg on the share sale of Solutions 30, a French software services company. Shareholders in Solutions 30 came to market with an equity block trade, intended to increase liquidity in the shares and give new investors the opportunity to buy into the name. The deal, led by Berenberg, was for 4.7m shares, or 19,7% of the voting rights and was worth EUR 122m.

The selling shareholders were GIAS International, an investment vehicle for Gianbeppi Fortis, chairman of Solutions 30, and P2C Investissements, a long term shareholder. P2C has now exited through the transaction. Solutions 30s freefloat had increased significantly as a result of the transaction.

Our international Norton Rose Fulbright team was led by Frankfurt partners Dr Frank Peter Regelin and Dr Benedikt Gillessen. The team further comprised Paris partner Roberto Cristofolini and associate Aurelie Pelisson, head of Luxembourg Stéphane Braun and associate Thomas Tomasic as well as London-based US partner Thomas Vita, who advised on US matters.

Berenberg is a long-standing client of Norton Rose Fulbright.

For more information please contact:

Stefanie Kerschke, PR & Communications Executive
Tel: +49 89 212148 339 Mob: +49 174 3452872
Stefanie.Kerschke@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 4000 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.