White & Case LLP has advised Société Générale, as sole bookrunner, on the sale by Banque Fédérative du Crédit Mutuel (BFCM) of its stakes in Safran and Eiffage.

The shares were sold via institutional private placements with qualified investors by way of an accelerated bookbuilding. Following these transactions, BFCM will no longer hold any Safran and Eiffage shares. Safran and Eiffage are listed on the regulated market of Euronext Paris.

The White & Case team in Paris which advised on the transactions was led by partners Thomas Le Vert and Colin Chang with support from counsel Max Turner and associate Ryan Sykora.