Advestra advises Bank of America Merrill Lynch, J.P. Morgan, UBS and Société Générale on the placement of shares of Adecco Group

Adecco Group Ltd. successfully placed newly issued shares raising gross proceeds of approximately EUR 232 million by way of an accelerated bookbuilding for the financing of the planned acquisition of Akka Technologies. Bank of America Merrill Lynch, J.P. Morgan SE and UBSAG were acting as Joint Global Coordinators and Joint Bookrunners and Société Générale as Joint Bookrunner in the offering.

Advestra acted as legal counsel to the syndicate banks. The team included Annette Weber, Thomas Reutter and Valérie Bayard (all Capital Markets).