KKR Completes Block Sale of Shares of Tarkett S.A.
04.29.16
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The Firm acted as counsel to KKR in connection with the sale by KKR International Flooring 2 S.à r.l. of an aggregate of 3,700,000 shares in Tarkett S.A. (“Tarkett”). The sale represented approximately 5.8% of Tarkett’s issued share capital and raised gross proceeds of approximately €101 million.
Tarkett is a French company listed on Euronext Paris, and is a provider of flooring and sports surface solutions.
The Simpson Thacher team included Till Lefranc and Spencer Patton (Corporate – London).
Darrois Villey Maillot Brochier and Clifford Chance provided French and Luxembourg legal advice respectively.