Paul Hastings Advises SNAM, GIC and EDF in the 2.4 Billion Acquisition of Totals TIGF Assets
April 10, 2013
Milan/ Paris-- Paul Hastings acted as counsel to Italian gas transportation and storage operator SNAM and co-counsel to a consortium comprised of SNAM, Government of Singapore Investment Corp., the Singaporean sovereign fund (GIC), and French state-owned utility EDF in its €2.4 billion acquisition of French oil & gas producer Total’s, gas transport and storage business called Transports Infrastructures Gaz France (TIGF), in the South-West France.
M&A partner Bruno Cova led the Paul Hastings team, which also included M&A partners Antonio Azzara, Edith Boucaya and associate Sébastien Crepy. Employment partners Deborah Sankowicz, Stéphane Henry and associate Jérémie Gicquel; Tax partner Allard de Waal and associate Laurent Ragot; and Finance partner Mounir Letayf and associate Flavio Acerbi also assisted on the transaction.
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