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 (firstname.lastname@example.org) in London on +44 (0)20 7330 2195 or on +44 (0)7771 896 290.
Notes for Editors:
1. Allen & Overy is an international legal practice with over 4,800 staff, including some 430 partners, working in 25 major centres worldwide.
2. Allen & Overy was named ‘European Law Firm of the Year’ at the IFLR Awards 2004.
3. In this press release ‘Allen & Overy’ means Allen & Overy LLP and/or its affiliated undertakings.
4. Any reference to a partner in relation to Allen & Overy LLP means a member, consultant or employee of Allen & Overy LLP.
This email is confidential and may also be privileged. If you are not the intended recipient please notify us immediately by telephoning +44 (20) 7330 3000 and requesting the IT Helpdesk. You should not copy it or use it for any purpose nor disclose its contents to any other person.
Allen & Overy LLP
One New Change
Tel:+44 (20) 7330 3000
Fax: +44 (20) 7330 9999
General Email: ITServiceDesk@allenovery.com
Allen & Overy LLP is a limited liability partnership registered in England and Wales with registered number OC306763. It is regulated by the Law Society of England and Wales. A list of the members of Allen & Overy LLP and their professional qualifications is open to inspection at its registered office, One New Change, London EC4M 9QQ. Any reference to a partner in relation to Allen & Overy LLP means a member, consultant or employee of Allen & Overy LLP.