(May 7, 2012, Weil News)
Vinci, a global concessions and construction company, announced that, on May 4, 2012, it filed with the French Autorité des Marchés Financiers
(AMF) a proposed public tender offer to purchase, at a price of €100 per share, the shares of Entrepose Contracting that it does not already own. If certain conditions are met, the public tender offer will be followed by a squeeze out.
Entrepose Contracting, which specializes in the design and construction of projects in the oil and gas sectors, became a Vinci subsidiary in 2007 as a result of share purchase agreements and a public tender offer. Vinci’s public tender offer will fully integrate Entrepose within the Vinci group of companies.
Weil, Gotshal & Manges represented Vinci in this matter, with Laurent Faugérolas, partner, and Vanessa Zecchinel and Charles Cardon, associates, advising on corporate matters, and Edouard de Lamy, associate, advising on tax matters.