Cases & Deals

Grupo Gigante acquires remaining 50% stake of Office Depot de Mexico for MXN$8.777 billion (US$690 million)

Clients Grupo Gigante, S.A.B. de C.V.

Jones Day advised Grupo Gigante, S.A.B. de C.V. in its acquisition of the remaining 50% stake of Office Depot De Mexico S.A. de C.V. from joint venture partner Office Depot, Inc. for MXN$8.777 billion (US$690 million). Jones Day also advised Grupo Gigante in connection with the senior secured bridge loan facility consisting of a MXN$4.439 billion senior secured loan and a US$375 million senior secured loan.