A multijurisdictional staff assisted Indosuez Wealth Administration Group, a subsidiary of French worldwide banking group Crédit Agricole Group, within the context of the acquisition of majority stake in Degroof Petercam. The latter is an unbiased family-owned chief in wealth administration in Belgium and a reference funding home managing worldwide shopper belongings of €71 billion.
The alliance of Degroof Petercam and the Indosuez Wealth Administration group would create a pan-European chief in wealth administration benefiting from international progress drivers and positioning itself as a consolidator of the sector in Europe.
The finalization of the settlement between CA Indosuez Wealth (Europe) and Degroof Petercam is topic to the approval of the related regulatory and competitors authorities. The transaction is predicted to be accomplished in 2024.
Companions Arnaud Coibion and Etienne Dessy, assisted by managing associates Jérémy Filbiche and Pauline Kustermans and associates Anastasia Koutra and Victoria Liégeois led a multijurisdictional staff of legal professionals from the Brussels, Paris and Luxembourg places of work, comprising legal professionals from the Company, FRG, Litigation, Arbitration and Investigation, AFIG, Tax, Employment and TMT/IP practices, to work on this transaction.