Darrois Villey Maillot Brochier advises Colony NorthStar on Edenred exit

Darrois Villey Maillot Brochier advised Colday E S.à r.l., a company controlled by funds managed by Colony NorthStar, in the sale of its stake in Edenred, the world leader in prepaid corporate services.

The transaction was carried out, among others, through a private placement by way of an accelerated book building to institutional investors of 5.68% of Edenred’s share capital for a total amount of approximately 257.5 million euros. UBS Limited acted as bookrunner on the transaction.

The DVMB team was led by Jean-Baptiste de Martigny and Laurent Gautier, assisted by Leila Dhouib in M&A and capital markets. Ben Burman advised on US law matters.