"Airbus Partners with Thales and Leonardo to Establish a New European Space Entity"

Bredin Prat advised Airbus in connection with the signing of a Memorandum of Understanding (MoU) with Thales and Leonardo, aimed at creating a new European space entity by combining the space activities of the three groups. The transaction involves the consolidation of satellite production and associated services from Airbus, Leonardo, and Thales to establish a resilient European space player. The new entity aims to strengthen Europe's strategic autonomy and enhance its global competitiveness by leveraging the technological expertise and operational capabilities of the three companies. The project is subject to customary regulatory conditions and approvals, with the new entity expected to be operational by 2027. The legal department of Airbus, led by John Harrison (General Counsel & Head of Public Affairs), and the teams of Edouard Eltvedt (SVP Legal Corporate Affairs), including Loïc Amiand (Head of Legal M&A), Elise Riaux (M&A), Laura Bellvert (Head of Competition Law), and Anne-Sophie Dalet (Competition Law), were advised by Bredin Prat. The Bredin Prat team included: - **Corporate**: Benjamin Kanovitch (partner), Clémence Fallet (partner), Paul Worms, and Charles Saint-Gilles - **Competition Law**: Igor Simic (partner), Yelena Trifounovitch (partner), Sophie Troussard-Faure (counsel), Wenceslas Chelini (counsel), Paul Blin, Benoît Gerard, Sophie White, Quitterie Stein, Ines Kovacevic, Thomas Chevreteau, Astrid Becquet, and Juliette Rousseau - **Tax Law**: Julien Gayral (partner), Simon Weber, and Amaury de Galbert - **Digital Law and Intellectual Property**: Juliette Crouzet (counsel), Sarah Gicquel, and Timothée Guichoux - **Employment Law**: Laetitia Tombarello (partner), Camille Wattrelos, and Melchior Bebey

"Airbus Partners with Thales and Leonardo to Establish a New European Space Entity"

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