Monday, 6th September 2010 by Emiliano Mellino

Machado, Meyer, Sendacz e Opice Advogados and Skadden, Arps, Slate, Meagher & Flom LLP are helping Capgemini enter the Brazilian market as it buys 55 per cent of country′s largest IT services provider, CPM Braxis.

The US$298 million deal was announced on 2 September and is expected to close in early October. 

CPM Braxis and the sellers are being advised by Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados, while the company′s largest shareholder and biggest client, Brazilian bank Bradesco, is receiving counsel from Xavier, Bernardes, Bragança, Sociedade de Advogados. Ulhôa Canto, Rezende e Guerra - Advogados is representing a minority selling shareholder, asset manager Gávea Investimentos.

"The speed of the negotiations was challenging as the goal was to have all agreements signed in less than a month," says Mattos Filho partner José Eduardo Queiroz.

Ulhôa Canto advised Gávea Investimentos in 2008, when it acquired shares in CPM Braxis.

Xavier Bernardes is regular counsel to Bradesco, advising the bank in June on the acquisition of the Mexican arm of Banco ibi.

As part of the deal Capgemini, Europe′s largest IT services company, has an option to buy the remaining 45 per cent of the company from the existing shareholders between three to five years after the deal is signed.

Counsels to CPM Braxis and the sellers

·         Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados

Partners José Eduardo Queiroz and Renato Portella, and associates Ana Paula Reis and Nádia Luchiari 

Counsels to Bradesco

·         Xavier, Bernardes, Bragança, Sociedade de Advogados

Partners Alberto Bragança and João Afonso de Assis, and associate Maristela Rossetti 

Counsel to Infors

·         In-house counsel - Maria Cecilia de Castro Neves 

Counsel to Gávea Investimentos

·         Ulhôa Canto, Rezende e Guerra – Advogados

Associates Rodrigo Brunelli, Luciana Costa and Daniela Marques 

Counsel to Capgemini

·         In-house counsel - Isabelle Roux-Chenu and Sandrine Asseraf 

France

·         Skadden, Arps, Slate, Meagher & Flom LLP

Partner Armand Grumberg and associates Arash Attar-Rezvani and Alexander Crosthwaite 

Brazil

·         Machado, Meyer, Sendacz e Opice Advogados 

Partners Flavio Meyer, Carlos Mello and Indira Kurokawa, and associates André Thiollier and Terence Beringhs

(Latin Lawyer 06.09.2010)

(Notícia na Íntegra)