TOTAL SA closes Saft Groupe deal
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Total SA on Aug. 15 completed its deal to acquire Saft Groupe SA for a transaction value of €1.05 billion.
The company offered €36.5 per share for the stake.
In addition to general closing conditions, the deal required additional review for antitrust concerns.
Cleary Gottlieb Steen & Hamilton LLP (France) was the legal adviser for TOTAL SA.
Bredin Prat & Associes was the legal adviser for Saft Groupe.
