Darrois Villey Maillot Brochier advises JCDecaux on exclusive negotiations regarding Metrobus

Darrois Villey Maillot Brochier advises JCDecaux on the exclusive negotiations with Publicis Groupe and Médias & Régie Europe relating to the increase of JCDecaux’s shareholding in Metrobus from 33% to 100%.

Since 2005, JCDecaux has owned 33% of the share capital of Metrobus, the French leader of transportation advertising, which is the parent company of Mediagare, Mediarail, Média Transports and SMPA.

The relevant employee representative bodies will be consulted on the project before any definitive agreement is signed. The operation will also be subject to customary conditions precedent, including approval by the French Competition Authority.

The DVMB team includes Bertrand Cardi, Damien Catoir, Hadrien Bourrellis and Antoine Philippe in M&A, Didier Théophile, Igor Simic, Alexandre Rios et Marie Vigneron regarding competition law and Vincent Agulhon and Mathieu Denieau on tax aspects.

JCDecaux is also advised by Capstan (Pascal Lagoutte) on labor law aspects.