Crédit Agricole Assurances SA entered into an agreement to acquire 10% stake in Total Infrastructures Gaz France SA from EDF Invest, GIC Pte. Ltd. and Snam S.p.A. for more than 180 million.
Alexandre Lagarrigue, Katia Gruzdova and Omar El Arjoun of Clifford Chance and Sophie Hagège, Robert Mayo, Frédéric Tual, Philippe Delelis, Pierre Barthélemy, Eric Barbier de la Serre and Eileen Lagathu of Jones Day acted as legal advisors for sellers. Max Baird-Smith and Jean-Christophe Devouge of BDGS Associés BDGS acted as legal advisors for Crédit Agricole. Frederic Teper of Arsene Taxand acted as legal advisors (tax) to Crédit Agricole. Fabien Brunet and Thibaut Verdier of Crédit Agricole Corporate and Investment Bank S.A. acted as a financial advisor to Crédit Agricole. Arnauld Schaefer and Erwan Thebault of Leonardo & Co. SAS acted as a financial advisor for sellers.