Slaughter and May advised Coca-Cola Enterprises - agreement to combine with Coca-Cola Iberian Partners and CCEAG, to create Coca-Cola European Partners
Slaughter and May advised Coca-Cola Enterprises, Inc. on its agreement to combine with Coca-Cola Iberian Partners and CCEAG, to create Coca-Cola European Partners, the world's largest independent Coca-Cola bottler based on net revenues.
Coca-Cola European Partners will be incorporated in England and be publicly traded, with listings on Euronext Amsterdam and the New York Stock Exchange. At closing (expected to be in the second quarter of 2016), Coca-Cola Iberian Partners and The Coca-Cola Company will own 34% and 18% of the combined company respectively, with Coca-Cola Enterprises shareholders owing 48% on a fully diluted basis.
Slaughter and May advised alongside Cahill Gordon & Reindel LLP, leading an integrated team that included Hengeler Mueller in Germany, Pérez-Llorca in Spain and De Brauw Blackstone Westbroek in the Netherlands.