Groupe Bruxelles Lambert SA (ENXTBR:GBLB) along with the management of Affidea has signed a definitive agreement to acquire a majority stake in Affidea B.V. from B-FLEXION Group for approximately €1 billion on April 19, 2022. The transaction is expected to be completed in the third quarter of 2022. Bain & Company, Inc. along with Citigroup USA Inc. acted as financial advisors, Ernst & Young LLP acted as accountant while Kirkland & Ellis LLP acted as legal advisor to Groupe Bruxelles Lambert. Goldman Sachs and Jefferies acted as financial advisors, PWC for finance and tax, and Mike Turner,Jonathan Parker, Sarah Gadd, Fergus O'Domhnaill, Karl Mah and James Leslie of Latham & Watkins acted as legal counsel to B-Flexion. The European Commission (EC) has given the green light to the acquisition.

Groupe Bruxelles Lambert SA (ENXTBR:GBLB) along with the management of Affidea completed the acquisition of Affidea B.V. from B-FLEXION Group on July 22, 2022.