Cases & Deals

BNP Paribas and Crédit Agricole Corporate Investment Bank complete €1.5 billion IPO of Tikehau Capital

Clients BNP Paribas and Crédit Agricole Corporate Investment Bank

Jones Day advised BNP Paribas and Crédit Agricole Corporate Investment Bank in connection with the €1.5 billion (US$1.58 billion) initial public offering of Tikehau Capital, an asset management and investment group. The IPO was structured as an exchange offer and subsequent squeeze-out initiated by Tikehau Capital on the shares and net share settled bonds convertible into new shares and/or exchangeable for existing shares (ORNANE) of Salvepar, Tikehau Capital's listed subsidiary.