TDR-Led Consortium Sells €450 Million Equity Interest in Ayvens

Paul, Weiss advised a consortium led by TDR Capital on the sale of 52.325 million shares in Ayvens SA, a global fleet leasing company listed on the Euronext exchange. The consortium acquired its stake in Ayvens as a result of the sale of LeasePlan to Ayvens in 2023. The transaction was executed by way of a block trade agreement involving a syndicate of banks comprised of Bank of America, Citigroup, Deutsche Bank AG and Société Générale.

The Paul, Weiss team was led by, among others, corporate partners Dan Schuster-Woldan and Uma Sud and included corporate partners Christopher Cummings and Prem Mohan.