Bredin Prat advises BWGI, a subsidiary of Brasil Warrant Administração de Bens e Empresas S.A, in connection with its proposed public tender offer for Verallia

Bredin Prat is advising BW Gestão de Investimentos Ltda. (BWGI), in the context of its contemplated public tender offer on Verallia, a French group dedicated to the design, manufacture and recycling of glass packaging.

BWGI, Verallia’s reference shareholder since its IPO in 2019, currently holding around 29% of its share capital, announced that it will shortly file a public tender offer to acquire the remaining Verallia shares, at a price of 30 euros per share, paid in cash. BWGI does not intend to take the company private after the closing of the offer.

The offer will be subject to the issuance of customary regulatory clearances and is expected to be filed with the French Financial Markets Authority in April 2025.

The Bredin Prat team advising BWGI is the following:

• Corporate: Benjamin Kanovitch and Jean-Benoît Demaret (partners), Charles Sahel, Charles Saint-Gilles
• Tax law: Sébastien de Monès (partner), Kevin Guillou, Emma Bernard
• Competition law: Pierre Honoré (partner), Marcela Junqueira Cesar Pirola, Matteo Olekhnovitch
• Public law: Guillaume Léonard (counsel), Ilia Tushishvili
• Employment law: Laetitia Tombarello (partner), Melchior Bebey
• Financing: Karine Sultan (partner), Camille Védrenne