Linklaters advised Merrill Lynch International and J.P. Morgan in the context of the disposal by Wendel, a listed investment company, of 24 million shares which Wendel held in Saint-Gobain, the world leader in the building materials and construction. This disposal represents approximately 4.3% of the total share capital of Saint-Gobain, with a value of around one billion euro.

The Linklaters team was led by Bertrand Sénéchal and Luis Roth, partners in the Capital Markets practice, assisted by associate Aymeric de Mol.

Wendel was advised by Allen & Overy with a team led by Marc Castagnède, partner in Mergers & Acquisitions, assisted by senior associate Olivier Thébault and associate Alexandre Durand. Diana Bilik, partner in the A&O Capital Markets practice, worked on the U.S. law aspects of this matter, and was assisted by Karin Braverman, senior associate.