We acted for a global fintech and tech conglomerate on both a carve-out and simultaneous reverse carve-out across 21 jurisdictions. This reorganization was highly time sensitive and structured in such a manner so as to create in excess of €20 million of efficiency and other savings for the client.
Due to our large global footprint, we were able to draw on direct support from colleagues from many of the firm’s offices and coordinated external counsel for the remainder of the jurisdictions.
This was a complex reorganization, which required liaising with regulators and asset identification to bring key sale assets within the transaction perimeter, uncovering numerous legal issues that required input from multiple practice areas across the firm to deliver commercial solutions. We continue to work with the client on its strategic plans for the business.