Law firm provides guidance to Peugeot Invest on selling a portion of its shares in LISI
In a significant move, global law firm White & Case LLP has advised Peugeot Invest S.A on the sale of a 5.08% equity stake in LISI S.A. The sale, which was part of a gradual withdrawal that began in 2024, was made via an institutional private placement with qualified investors.
The transaction was managed by Natixis and Société Générale. The service areas covered by White & Case included Capital Markets, France, and Western Europe. Thomas Le Vert and Boris Kreiss, partners at White & Case's Paris office, led the team that advised on the transaction. Le Vert specializes in Capital Markets, Financial Institutions, and Technology, while Kreiss has expertise in Capital Markets, Life Sciences and Healthcare, and Technology.
Romain Bruno, Max Turner, and others from the firm's Capital Markets team also contributed to the deal.
The new majority owner of LISI S.A. is now the State of Singapore, following Peugeot Invest S.A.'s sale. The total amount raised was approximately € 105 million.
Peugeot Invest, which has been supporting the development of LISI since 1977, will resign from the Board of Directors of LISI following the transaction. LISI's shares are listed on Euronext Paris.
For further information, please contact local media contacts.
This news marks a significant step for both Peugeot Invest and LISI, and it is expected to have a ripple effect in the automotive and technology industries.
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