Posted on Oct 13, 2020 at 5:26 PMUpdated Oct 13, 2020 6:32 PM
The Brexit will not have been right of the aspirations of the British Barclays in France. The investment bank is recruiting from its competitor BNP Paribas, with the arrival of Gauthier Le Milon as mergers & acquisitions manager for France, Belgium and Luxembourg.
He will report to the co-heads of investment banking in these countries, Ghislain de Brondeau and Yann Krychowski, as well as to Pier Luigi Colizzi, responsible for M & A in Europe. His appointment comes after the departure for UBS of Nicolas Paquet, another defector from BNP Paribas, in July 2019.
After joining the AMF’s issuers department in charge of financial operations – including Mittal’s takeover bid for Arcelor – Gauthier Le Milon, joined BNP Paribas in the equity markets, then in mergers and acquisitions on multiple transactions as “managing director”. He worked on the contributions of assets from Siemens to Atos, the spin-off of Dia by Carrefour, the cross-border merger between Stallergènes and Greer and the takeover bid from Bolloré on Havas.
More recently, he also advised the Marc de Lacharrière Group on the buyout of minority interests in Fimalac, or the Casino group with a view to the reorganization of its assets in South America and the sale of Leader Price to Aldi.
Reinforcements in Germany and Scandinavia
“Barclays wants to strengthen itself in France, as more broadly in the rest of continental Europe, in order to increase its market share as one of the leading players in the market in the continuum of our presence in the United States since the acquisition of Lehman Brothers and our home market in Great Britain ”, explain Ghislain de Brondeau and Yann Krychowski.
Likewise, with this objective, Barclays recently reinforced its teams in Germany and Scandinavia.
In recent months, the bank has notably intervened alongside the London Stock Exchange in the context of the sale of Borsa Italiana, La Banque Postale for the takeover of CNP, but also with the American on its offer on G4S or even funds like Warburg Pincus for the sale of Avaloq to NEC. In France, Barclays also has in its ranks the former minister François Baroin, “senior advisor” since March 2018.