De Brauw has assisted GrandVision, a leading global optical retailer, and HAL on GrandVision’s IPO.

The IPO consists of a secondary offering of up to approximately 23% of GrandVision’s issued ordinary shares by founding shareholder HAL Optical Investments, an indirect subsidiary of HAL Holding. Listing of and first trading in the shares on Euronext in Amsterdam are expected on Friday, 6 February 2015.

Based on an offer price at the mid-point of the price range and assuming the sale of the maximum number of existing offer shares and no exercise of the over-allotment option, the transaction involves proceeds of EUR 994.5 million. De Brauw advised GrandVision and HAL on the preparation of the IPO and on drafting the prospectus.

Team
Joost Schutte, Martin van Olffen, Natascha Schreuder, Denise Kromwijk, Paula Ravensbergen and Féline Goyarts