De Brauw advises TenneT on securing EUR 9.5 billion equity funding for TenneT Germany

De Brauw advised Technip Energies N.V. as Dutch counsel along with Gibson, Dunn & Crutcher LLP as lead counsel and other (local) counsels on the acquisition of the Advanced Materials & Catalyst business from Ecovyst Inc. The acquisition closing is expected by the first quarter of 2026, subject to standard regulatory approvals.

De Brauw has acted as lead counsel to Rabobank on the termination of the administration of the Rabobank Certificates, aimed at simplifying the legal structure of its CET1-capital instrument: the Rabobank Certificates. Previously, Stichting AK Rabobank Certificaten held the Rabobank Certificates (formerly known as: participations) issued by Rabobank, and issued corresponding certificates to investors. On 26 June 2025, the participations were renamed to "Rabobank Certificates" and the corresponding certificates were exchanged for the Rabobank Certificates on a one-for-one basis. As a result, former holders of the certificates now directly hold the Rabobank Certificates and the corresponding certificates have been cancelled.

KKR has agreed to acquire a significant minority stake in global travel technology company Etraveli Group. The strategic partnership between CVC and KKR positions Etraveli Group for an exciting next chapter of growth and reinforces its position as the world’s largest flight intermediary and fulfilment company outside of China.

De Brauw, together with PedersoliGattai, advised Iveco Group N.V. on the envisaged recommended voluntary public offer by Tata Motors Limited for all issued common shares of Iveco, representing a total consideration of approximately EUR 3.8 billion.

De Brauw assisted Akzo Nobel N.V. on the sale of its shareholding in Akzo Nobel India Limited ("ANIL") to the JSW Group, one of India's leading diversified conglomerates. The transaction is based on a total enterprise value of approx. EUR 1.4 billion and includes AkzoNobel's liquid paints and coatings business in India. The India Powder Coatings business and International Research Center, both currently part of ANIL, will be retained by AkzoNobel under full ownership.

De Brauw has advised Royal Schiphol Group, a Dutch airport management company, on its joint venture with Lagardère Travel Retail, a France-based global travel retailer

De Brauw has advised HEINEKEN in connection with its two-year programme to repurchase own shares for an aggregate amount of EUR 1.5 billion. Heineken Holding, HEINEKEN's majority shareholder, intends to participate pro rata to its shareholding.

De Brauw advised Unigel on its USD 860 million reorganisation. Due to the reorganisation, the Unigel Group's leverage reduced by approximately 50% and certain creditors acquired 50% of the equity interests in the Unigel Group.

De Brauw advised Bolton, an Italian family-owned fast-moving consumer goods company, on the acquisition of Repair Care, a Dutch company specialising in sustainable (bio)wood repair and maintenance solutions.

De Brauw advised Assicurazioni Generali SpA, a leading global integrated insurer and asset manager, on the combination of its asset management operations with Natixis Investment Managers, part of Groupe BPCE, a leading French banking group. The deal is valued at EUR 9.5 billion.

De Brauw is advising Pontegadea, the investment vehicle of Inditex founder Amancio Ortega and focused on a wide range of sectors as real estate, energy, infrastructure or retail, on the acquisition of a 20% stake in Q-Park from its existing majority shareholder KKR. Q-Park is a leading European parking infrastructure owner and operator, with a large and diversified portfolio of approximately 4,400 owned, leased and managed parking facilities in The Netherlands, Germany, France, Belgium, United Kingdom, Ireland and Denmark. Q-Park focuses on off-street, strategic prime locations and works together with municipalities and landlords to implement sustainable urban mobility plans, leveraging its industry-leading digital capabilities, strategic growth framework and its sizeable and rapidly expanding EV charging offering.