Ashurst advises TA Associates and Banca Leonardo in the context of the sale to Natixis Global Asset Management (NGAM), Natixis' asset management subsidiary (BPCE group), of their stakes in the asset manager DNCA.

TA Associates, majority shareholder of DNCA, and Banca Leonardo, that were exclusively negotiating with NGAM since February 19th, signed a sale agreement on May 13th. The closing of the deal is expected around June 30th, 2015.

The Ashurst corporate team was led by Yann Gozal, partner and Joseph Gadenne, associate.