Watson Farley & Williams (“WFW”) has advised Societe Generale on the signing of an agreement to acquire a majority stake in PayXpert, a fintech company specialising in payment services. The proposed acquisition would allow Societe Generale to broaden its offering for retail and online merchants and to pursue its strategy to become a European leader for payment acceptance. The transaction is subject to the approval of the relevant authorities.
The cross-border WFW team advising Societe Generale is being led by Paris Corporate Partner Arnaud Félix, assisted by Associates Lucile Mazoué and Thibaut de Toytot on M&A law, and Partner Romain Girtanner and Counsel Hélène Ibos on the French tax matters. Arnaud is also being supported by a WFW London team comprising Partners Chris Kilburn (Corporate), Devan Khagram (Employment), Solange Leandro (Regulatory & Compliance), Senior Associate Sarah Williamson (Corporate), and Associates Rohan Inamdar (Corporate), Xiaolei Liu (Tax) and Aarti Jagpal (Employment). A WFW Madrid team comprising Partner Victoria Truchuelo (Employment), Senior Associate Roman Pazos, Associate Daniel Schaub Hernandez (Corporate) and Partner Luis Soto (Tax) also assisted.
Spanish regulatory advice is being provided by a team from Finreg360 comprising Partner José María Olivares, Natalia Pou Gallo and Alba Olivàn.