12 October – LAWFUEL – The Law News Network – Allen & Overy LLP is a…

12 October – LAWFUEL – The Law News Network – Allen & Overy LLP is advising Landsbanki in relation to its acquisition of Kepler Equities SA, a European securities company based in France, but with operations also in Germany, The Netherlands, Spain, Italy and Switzerland.

Lansbanki will initially hold 81% of the shares of Kepler Equities, which it will acquire for EUR 76.1 million, valuing Kepler Equities at a total of EUR 94 million. Landsbanki will acquire the remaining shares, held by management and employees, over a five-year period through an earn-out arrangement. Closing of the transaction is subject to regulatory approvals in France, Iceland and Switzerland.

The Allen & Overy LLP team was lead by London based corporate partner Andrew Schoorlemmer. Andrew was assisted by, among others, associates Andrew Rich and Stuart Hanbury in London and tax partner Patrice Couturier and associates Jean-Patrice Labautière, Hubert Blanc-Jouvan, Christine Hillig-Poudevigne, Olivier Angotti, Charles-Noël van den Broek and Romain Viret in Paris.