Insights

Digital regulation and enforcement in the EU are intensifying but the rulebook remains in flux. Our updated digital guide will help in-house teams stay agile as they tackle evolving frameworks with business decisions potentially triggering obligations across digital, privacy, cybersecurity, competition and consumer protection domains.

The Corporate Governance Monitoring Committee has published its report on Dutch listed companies' compliance with the Code in the 2024 financial year. The overall conclusion is that compliance has declined compared to previous monitoring studies, which the Committee attributes to the enhanced reporting requirements in the 2022 Code. The monitored group has also been expanded to include foreign-listed Dutch companies, which record lower compliance levels than companies with a Dutch listing. In addition, for the first time, the involvement of institutional investors and how they apply the Code was examined.

The "Omnibus Proposal" for a directive amending certain European corporate sustainability reporting and due diligence requirements, together with its legislative process, has been widely debated at the political level and beyond.

De Brauw advised Baker Tilly Netherlands, a leading accountancy and advisory services firm, and Inflexion, a leading European mid-market private equity firm, on the merger of Baker Tilly Netherlands with Baker Tilly Belgium. With this merger, Baker Tilly Netherlands and Baker Tilly Belgium become an international firm for audit and advisory services. This transaction marks a significant step in building an international platform and strengthening the international strategy of Baker Tilly Netherlands and Baker Tilly Belgium. Closing of the transaction is subject to customary regulatory conditions and works council consultation.

De Brauw acted as Dutch counsel to Platinum Equity on its acquisition of Solo Group, a European market leader in business-to-business personalizable products, from company founder Alain Milgrom and management. Solo's management retains a stake in the business.

De Brauw, as Dutch counsel, advised Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners, LLC and Rodina, in its USD 2 billion acquisition of 14 all-inclusive resort assets located across Mexico, the Dominican Republic, and Jamaica from Hyatt Hotels Corporation. In connection with closing, Tortuga and Hyatt have entered into 50-year management agreements for 13 of the 14 properties in the portfolio.