Eurobail SA made an offer to acquire an additional 68.56% stake in Société de la Tour Eiffel Société Anonyme (ENXTPA:EIFF) for approximately 230 million on June 4, 2014. The offer per share is 55. The offer is open for new shares as well.
The transaction is partly financed by funds advised by Colony Capital through the subscription of 163 million bonds that are partly redeemable in Société de la Tour Eiffel shares. Marcus Billam, Frédéric Moreau, Jean-Baptiste de Martigny, Ioana Nicolas, Julien Roux, Benjamin Marché, Julien Sébastien and Clément Saudo of Allen & Overy acted as legal advisors for Colony Capital. Jean-Pierre Collet of Winston & Strawn acted as advisors for Colony Capital for tax aspects.
Eric Delattre and Bredin Prat acted as legal advisors for Eurobail SA. Rothschild & Cie acted as financial advisor and Weil Gotshal & Manges acted as legal advisor to the Board of Société de la Tour. Adrian Mellor, Jean-Christophe David, Benjamin Lacourt and Arnaud de Rochebrune of Allen & Overy LLP acted as legal advisors for Colony Capital.