Linklaters has won the mandate to advise French utilities giant SUEZ on its 11.2bn (£7.6bn) acquisition of Benelux energy supplier Electrabel, as the elite firm continues to benefit from the revival in cross-border European M&A.
The transaction sees Linklaters client SUEZ offer to buy the 49.9% stake of Electrabel it does not already own for 11.2bn. Linklaters is advising the acquirer through its Belgian and French practices, fielding a team under Brussels-based corporate partner Jean-Marie Nelissen Grade and Paris partner Marc Loy.
