De Brauw has advised Schiphol Group on the intended industrial cooperation alliance with Aéroports de Paris.
Under this agreement Schiphol Group will acquire 8% of Aéroports de Paris share capital from the French state for a total investment of EUR 530 million, while Aéoports de Paris will acquire 8% of Schiphol Group share capital through a reserved capital increase, which represents an investment totalling EUR 370 million.
According to Schiphol Group, the alliance represents a new opportunity to improve operations and competitiveness in the new worldwide airport landscape, after Schiphol Group saw its plans for an IPO – on which De Brauw also acted as counsel of the Schiphol Group – shelved by the Municipality of Amsterdam m 2006.
Team: Arne Grimme, Dirk Meerburg (lead partners)
Kees Groffen, Dieter Wolff, Jolling de Pree
De Brauw Blackstone Westbroek
Claude Debussylaan 80
1082 MD Amsterdam
The Netherlands
P.O. Box 75084
1070 AB Amsterdam
The Netherlands
