Hengeler Mueller advises GE with Slaughter and May and Bredin Prat on Potential Sale of European Equipment Finance and Receivable Finance Businesses

10. December 2015

A joint team of Slaughter and May (Frances Murphy/Michael Corbett), Bredin Prat (Kate Romain/Olivier Assant) and Hengeler Mueller lawyers is advising GE on the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM), representing ending net investment (ENI) of approximately USD 7.5 bn / EUR 6.6 bn.

The proposed transaction will be submitted to the relevant works councils for their information and consultation. The completion of the transaction would also be subject to customary regulatory and antitrust approvals.

The Hengeler Mueller team is led by partners Maximilian Schiessl and Wolfgang Meyer Sparenberg and includes partners Christian Moeller (all M&A, Düsseldorf), Hendrik Bockenheimer (Labour), Christian Schmies (Banking) (both Frankfurt), Vera Jungkind (Regulatory, Düsseldorf), Martin Klein (Tax, Frankfurt) and Alf-Henrik Bischke (Competition, Düsseldorf) as well as associates Sonnhild Draack (Labour/M&A, Frankfurt), Tobias Keller, Robert Stiefelhagen, Tianyuan Zhuang (all M&A, Düsseldorf), Sophie-Charlotte Bechtold, Jochen Schnepper (both Banking), Martin Mohr (Tax) (all Frankfurt) and Anja Balitzki (Competition, Düsseldorf).