A cross border, cross practice-team at Bird & Bird has advised Capgemini in relation to its divestment of IBX Business Network to Tradeshift. Through the transaction IBX and Tradeshift create the world's largest business commerce platform, connecting in total almost 1,5 million companies and more than 500 global business customers.
The fact that the target business was present in various jurisdictions and spread over a number of legal entities has meant that we have been working both across practice groups and jurisdictions of the firm, involving colleagues at several of our offices.
Jan Berg (Partner, Corporate M&A) led the team from Bird & Bird and was assisted by Sebastian Westerling (Associate, Corporate M&A) in Stockholm and several colleagues across several practices and offices.
Jan Berg, Partner, Bird & Bird says "We are proud to have represented one of the world's largest actors in the IT Sector in what has been a highly complex transaction. Our strong focus on technology driven businesses and our geographic footprint has made us well placed to deal with this transaction."