6 February 2015

GrandVision listed on Euronext Amsterdam

De Brauw has assisted GrandVision, the leading global optical retailer, and HAL on GrandVision's IPO.

The IPO consists of a secondary offering of approximately 20% of GrandVision’s issued ordinary shares by founding shareholder HAL Optical Investments, an indirect subsidiary of HAL Holding, plus an over-allotment option of approximately another 3% of the issued shares. Settlement of the IPO has taken place on 10 February 2015.

On the basis of the offer price of EUR 20 per share (and including the exercise of the over-allotment option), the transaction involved proceeds of EUR 1.173 billion. De Brauw advised GrandVision and HAL on the IPO, with the assistance of Davis Polk for US law advice.

Joost Schutte, Martin van Olffen, Natascha Schreuder, Denise Kromwijk, Paula Ravensbergen and Féline Goyarts​