LAWFUEL – Legal Newswire – International law firm Clifford Chance is advising Kraft Foods Inc on its offer to acquire the global biscuit business (including the LU brand) of Groupe Danone for USD 7.2 billion in cash. The deal will see Kraft Food Inc becoming Europe’s largest maker of cookies.
The Clifford Chance team was led by partners Sarah Jones, Eric Davoudet, Christian Lachèze and Marcus Billam.
Sarah Jones commented: “We are delighted to be advising Kraft on this acquisition which will transform its international business. It has been a great privilege to work alongside Kraft’s excellent deal team and we look forward to working with them to bring the transaction to a successful close. “
Clifford Chance LLP is one of the world’s leading professional service organisations, helping clients achieve their goals by combining the highest global standards of business and law with local specialist service. The firm is organised around six legal practice areas: capital markets; corporate (including M&A); finance; litigation and dispute resolution; real estate; and tax, pensions and employment law. Clifford Chance has 28 offices in 20 countries, and 3,800 legal advisers.
For further information about Clifford Chance see www.cliffordchance.com
For further information about this release contact Sarah Jones +1 212 878 3321, Julia Graser on +44 (0)20 7006 1416, or Nicola Hodgson on +44 (0)20 7006 1403.