Ardian agreed to acquire an additional 5% stake in Compania Logistica de Hidrocarburos CLH SA (BDM:CLH.T) from Compañía Española de Petróleos, S.A.U. on December 10, 2013. Cepsa will retain its two representatives on Board of Compania Logistica de Hidrocarburos headed by José Luis López de Silanes. The closing of the transaction is expected before the end of 2013.

Banco Bilbao Vizcaya Argentaria, S.A. acted as financial advisor to Compañía Española de Petróleos, S.A.U. Nicolas Gauzès, Philip Basler-Gretic, Stephan Weling and Conrad Proulx of Linklaters LLP (France) acted as legal advisors for Ardian.