Osborne Clarke, Cabinet Bompoint and Moncey Avocats advise Barrière family holding SPD on purchase of 25% stake in Société Fermière du Casino Municipal de Cannes from Casinvest

Osborne Clarke, Cabinet Bompoint and Moncey Avocats advised the Barrière family holding Société de Participations Deauvillaise (SPD) in connection with its acquisition of a circa 25% stake in Société Fermière du Casino Municipal de Cannes (SFCMC). DWF and ATOZ advised seller Casinvest. The transaction agreement provides for SPD to acquire 25.94% of SFCMC's capital and 26.82% of its voting rights from Casinvest at a price of €1,897 per share. SPD, already the majority shareholder, will hold 146,894 shares representing 93.17% of the capital and 96.25% of the voting rights in SFCMC on completion. The operation is scheduled to be completed no later than 19 December 2025. SPD has stated the acquisition is intended to simplify its structure and to enable it to request the company's withdrawal from the stock exchange in 2026. SFCMC operates the casino Barrière Croisette, three luxury hotels (Le Majestic and Le Gray d'Albion in Cannes, and the Carl Gustaf in St Barth) and related restaurant activities. Osborne Clarke represented client Société de Participations Deauvillaise (SPD) with a team composed by: David Haccoun, partner (M&A/corporate); Stéphanie Delage, partner (M&A/corporate); Samuel Boccara, counsel (M&A/corporate); Imen Mouhoun, lawyer (M&A/corporate); Warren Wilson, lawyer (M&A/corporate); Dorothée Chambon, partner (tax); Clément Petit, senior lawyer (tax). Cabinet Bompoint represented client Société de Participations Deauvillaise (SPD) with a team composed by: Dominique Bompoint, partner (securities law); Anne-Liz Salapian, lawyer (securities law). Moncey Avocats represented client Société de Participations Deauvillaise (SPD) with a team composed by: David Malamed, partner (financing, legal and tax); Frédéric Bosc, partner (financing, legal and tax); Diane Ferriol, lawyer (financing); Hélène Tazé, lawyer (financing); Loic Pipeau, lawyer (financing). DWF represented client Casinvest with a team composed by: Pascale Gallien, partner (corporate/M&A); Pierre-Nicolas Sanzey, partner (corporate/M&A); Vincent Maufront, counsel (corporate/M&A); Jordan Serfati, partner (tax). ATOZ represented client Casinvest with a team composed by: Samantha Hauw, partner (Luxembourg tax).

Osborne Clarke, Cabinet Bompoint and Moncey Avocats advise Barrière family holding SPD on purchase of 25% stake in Société Fermière du Casino Municipal de Cannes from Casinvest

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