Nikolaos G. AndronikosPartner
Nik has been recognized as a leading lawyer by Chambers Global, Legal 500 UK and Latin America, IFLR 1000, European Legal Experts and Euromoney’s Guide to the World’s Leading Mergers & Acquisitions Lawyers. He speaks English, French and Greek and is a member of the New York, Paris and Athens bars (last two inactive) and of the Firm’s Diversity Committee.
Recent landmark transactions include advising:
- Abertis on US aspects of its €16.5 billion takeover by ACS, Hochtief and Atlantia and related bids;
- APG, Arcus, Brookfield and PSP on the €3.6 billion acquisition of TDF (the largest independent communication tower business in France);
- Doğuş Group on its sale of the Greek, Croatian and the UAE marina businesses of D-Marin to funds managed by CVC Capital Partners;
- Elis on US aspects of its approximately $2.76 billion acquisition of Berendsen plc (shortlisted as Deal of the Year – M&A, IFLR European Awards);
- Goldman Sachs Merchant Banking Division on the DKK8 billion investment in DONG Energy (now Ørsted) as part of a DKK13 billion capital raise (Deal of the Year – M&A, IFLR European Awards) and on Dong Energy’s DKK 19.7 billion IPO (largest European IPO in that year and largest Danish IPO and Deal of the Year – Equity, IFLR European Awards) and on multiple other acquisition and exit transactions, including through the capital markets, often in the pharma, technology and consumer sectors;
- Coca-Cola HBC AG, a new Swiss holding company, on its €6.2 billion exchange offer for the shares of Coca-Cola Hellenic Bottling S.A., a Greek company, to list that business on the premium segment of the London Stock Exchange and the New York Stock Exchange with a parallel Athens Exchange listing (S&C was named a standout in the Financial Times’ Europe Innovative Lawyers Report (Corporate Law category) for advising on this matter); and in connection with its wholly-owned subsidiary Coca-Cola HBC Holdings BV’s pending agreements to acquire approximately 94.7% of Coca-Cola Bottling Company of Egypt S.A.E. from its major shareholders, a wholly-owned affiliate of The Coca-Cola Company and MAC Beverages Limited and certain of its affiliates for an agreed combined purchase price of US$427 million, subject to adjustments;
- the ad hoc committee of Towergate Insurance Group’s senior secured creditors in connection with their credit bid and subsequent £1.1 billion acquisition and financial restructuring through a pre-pack U.K. administration and parallel/alternative schemes of arrangement with junior secured creditors and related shareholder arrangements (Adviser of the Year, Institute for Turnaround); and
- TFI TAB Gida on negotiations with private equity investors and on its proposed IPO.
- Allianz SE on its €9.8 billion acquisition of minority interests in AGF;
- Barclays on its strategies to improve its capital ratios after the financial crisis;
- Goldman Sachs as financial advisor to Gaz de France on its €44.64 billion merger with Suez (then the largest statutory merger and privatisation ever in France), now forming ENGIE, to Eurobank EFG in connection with the exchange offer for its shares by National Bank of Greece, S.A., and to National Bank of Greece, S.A. in connection with its disposals of Ethniki Asfalistiki and of Finansbank;
- France Telecom (now Orange) in the strengthening of its balance sheet and repositioning by representing the underwriters on its €15 billion rights issue (then the largest European rights issue ever) and the presenting bank on its €7 billion acquisition of the minority interests in Orange and by advising France Telecom on its €3.9 billion acquisition of the minority interests in Wanadoo, the ensuing €1.25 billion IPO of PagesJaunes (then the year’s largest IPO in France) and its subsequent private equity sale, and the acquisition of the minority interests in Equant by way of a synthetic merger (first of its kind in France);
- Rio Tinto on the over $3.5 billion divestment of its Alcan Global Packaging business in several separate transactions;
- Suez Environnement (now Suez) in its €8.3 billion partial spin-off from Suez in connection with its merger with Gaz de France (now ENGIE) and listing; and
- Thomson (now Technicolor) on the Silverlake PIPE investment and on one of the first electronics joint ventures in China, with TCL International Holdings, and its ultimate exit from that venture.
He advised the project sponsors and the project in the development, financing and operation of the $1.2 billion OCP crude oil pipeline, including its concession and foreign investment arrangements (the first major infrastructure project financing completed in Ecuador) and the $2.4 billion Ocensa crude oil pipeline in Colombia (then the year’s largest financing in Latin America), among others.