1 May 2013
Joh. A. Benckiser-led investor group makes public offer for D.E MASTER BLENDERS 1753
De Brauw Blackstone Westbroek advises D.E MASTER BLENDERS 1753 on the intended public offer by a group of investors, led by investment firm Joh. A. Benckiser, to acquire all issued and outstanding ordinary shares. The offer values 100% of the equity at approximately EUR 7.5 billion.
D.E MASTER BLENDERS 1753 will continue to be a separate legal entity with its headquarters and global R&D centre in Amsterdam. The investor group will finance the intended offer through a combination of approximately EUR 3 billion of debt and approximately EUR 4.9 billion of equity.
The intended offer comes within one year after the spin-off from Sara Lee and the listing of D.E MASTER BLENDERS 1753 on NYSE Euronext Amsterdam, transactions on which De Brauw Blackstone Westbroek also acted as legal adviser.
Team: Jan Willem Hoevers (lead partner), Sacha Leeman, Simone Kooij, Willem Bijveld, Niek Biegman, Pim van Leersum, Martin van Olffen, Gertjan Kuipers, Martijn Snoep, Stefan Sagel, and Janneke van der Kroon.
D.E MASTER BLENDERS 1753 will continue to be a separate legal entity with its headquarters and global R&D centre in Amsterdam. The investor group will finance the intended offer through a combination of approximately EUR 3 billion of debt and approximately EUR 4.9 billion of equity.
The intended offer comes within one year after the spin-off from Sara Lee and the listing of D.E MASTER BLENDERS 1753 on NYSE Euronext Amsterdam, transactions on which De Brauw Blackstone Westbroek also acted as legal adviser.
Team: Jan Willem Hoevers (lead partner), Sacha Leeman, Simone Kooij, Willem Bijveld, Niek Biegman, Pim van Leersum, Martin van Olffen, Gertjan Kuipers, Martijn Snoep, Stefan Sagel, and Janneke van der Kroon.