Mr. Bine's experience in cross-border M&A includes the representation of Imerys (France) in its €525 million acquisition of S&B Minerals Group; China Huaxin Post and Telecommunications Economy Development Center (China) in its US$362 million acquisition of the Enterprise business of Alcatel Lucent S.A. (France); Match.com (U.S.) and Meetic (France) in the acquisition of FriendScout 24 GmbH (Germany) and Massive Media N.V. (Belgium); Chiquita Brands International, Inc. (U.S.) in the creation of a joint venture with multinational food products company Danone (France) (2010); IAC/InterActiveCorp (U.S.) in its US$113 million sale of Match.com to Meetic (France); The Stanley Works (U.S.) in its €410 million acquisition of Facom (France); Yahoo! Inc. (U.S.) in its €475 million acquisition of Kelkoo (France); and Business Objects (France) in its US$1.2 billion acquisition of Crystal Decisions (U.S.).
Mr. Bine’s experience in U.S./France cross-border transactions also includes the representation of U.S. private equity investors in connection with LBO acquisitions, direct financings, fund of funds and secondary investments on the French marketplace. Mr. Bine represented Westbrook Partners, a U.S. real estate investment firm, in its US$1.2 billion acquisition of residential real estate assets in Paris from Gecina and Simco. His recent experience includes the representation of J.C. Flowers & Co in its leveraged acquisition of Compagnie Européenne de Prévoyance (CEP), a leading French loan insurance broker.
Mr. Bine’s experience in public M&A includes the representation of IAC/InterActiveCorp (U.S.) in its €345 million tender offer on Meetic (France); Société Générale (France) in its defense against a threat of a hostile takeover bid; and Arcelor (Luxembourg) in its defense against a US$22.8 billion hostile bid from Mittal Steel (Netherlands), its proposed merger with SeverStal (Russia) and in its subsequent US$33.8 billion friendly merger with Mittal Steel.
His experience in public M&A also extends to the representation of investment banks (acting as financial advisors, tender offer sponsors and/or fairness opinion providers) in French public deals, including Mediobanca as financial advisor to Group Bolloré (France) in its public exchange offer on Havas (France); Lazard Frères & Co. as financial advisor to Sierra Wireless (U.S.) in its €218 million cash offer on Wavecom (France); J.P. Morgan and BNP Paribas as financial advisors to Suez (France) in its €70 billion merger with Gaz de France (France); and Deutsche Bank AG, as financial advisor to Gemalto (Netherlands) in its public exchange offer on Gemplus International (Luxembourg).
Mr. Bine also has been involved in a number of capital market transactions representing French issuers in IPOs and other equity and debt offerings, including Wendel (France) in its €520 million institutional private placement of Legrand shares; Renault SA (France) in its US$4.2 billion institutional private placement of series B shares of Volvo AB (Sweden); Mayroy SA (Luxembourg) in its €139 million institutional private placement of Ipsen shares; Imerys in its €251 million right issue; Capgemini in its €507 million equity offering; and SCOR in its €350 million subordinated debt offering and €233 million equity offering.
In addition, Mr. Bine has significant experience in all key aspects of banking and complex structured finance transactions under French law. He represented Air France in connection with its Enhanced Equipment Trust Certificate (EETC)-type aircraft securitization financing, and SCOR in the negotiation of its stand-by letters of credit and credit revolving facility agreements. He also has been involved in several trade receivable and other asset-based refinancing transactions. Mr. Bine’s experience in banking and structured finance also extends to multijurisdictional bank financing transactions advising both borrowers and lenders in connection with corporate and acquisition financings.
Mr. Bine won the 2012 International Law Office Award for exceptional client service by a capital markets practitioner in France.