17 December 2004 – LAWFUEL – First for law news – Allen & Overy is advising Netherlands-based CSM on the sale of its European sugar confectionary business to CVC Capital Partners for a price of €850 million.
The sale is expected to be completed in the first quarter of 2005 and is subject to regulatory approval.
Corporate partner Pervez Akhtar is leading the Allen & Overy team, assisted by associates Matt Rees, James Herbert, William Ingram Hill and George Dunnett. Partner Colin Pearson is advising on IP/IT issues and transitional arrangements. Teams are also being fielded in The Netherlands, Belgium, Germany, France, Italy, Russia and Poland.
Commenting Pervez Akhtar said: “This strategically important deal was executed in an incredibly tight timeframe and involved input from Allen and Overy offices across Europe.”
Freshfields partners Jan Willem van der Staay and associate Diederik Sillevis Smitt are advising CVC.
For further information, please contact Jo Shepherd ([email protected]) in London on +44 (0)20 7330 2195 or on +44 (0)7771 896 290.
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