Paris firm Rambaud Martel has secured a senior role on the high profile disposal by the French Government of its remaining stake in Credit Lyonnais, acting opposite global giant Clifford Chance.

The deal saw France’s largest bank BNP Paribas buy the final 10.9% stake held by the Government in Credit Lyonnais for E2.2bn (£1.4bn), valuing its 380 million shares at E5.8 (£3.70) each.