Three firms advise offerors and the company in Cielo’s tender offer
The transaction is an essential part of a process of consolidation and delisting of Cielo by its controlling shareholders, Banco do Brasil and Bradesco.
The OPA remains suspended, subject to the shareholders’ decision at the April 23rd general meeting
The transaction value was BRL 5.800.000.000,00
Machado Meyer advised Elo Participações, Quixaba Empreendimentos e Participações, BB Elo Cartões Participações, Alelo, Livelo and relied on partner led Adriano Schnur (pictured top left), partners Clarissa Figueiredo de Souza Freitas (pictured top center), Elie Jaques Sherique (pictured top right), lawyers Antonio Augusto S. Bruni, Rafael Costa Silva, Gabriela Assumpcao Ribeiro Luchetti, Andre Moretti De Gois.
Lefosse advised Cielo and relied on partners Carlos Mello (pictured bottom left) and Christiano Rehder (pictured bottom right), counsel Luciana Moutinho and associates João Pizarro and Lara Maroni.
Trindade Advogados also advised Cielo.
