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26 Jun 2019

Stephenson Harwood advises 3 Step IT on its European strategic alliance with BNP Paribas

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Law firm Stephenson Harwood LLP is advising 3 Step IT Group Oy on its proposed European strategic alliance with BNP Paribas Leasing Solutions, a subsidiary of BNP Paribas.

The alliance will be operated through a joint venture company in France, to be called “BNP Paribas 3 Step IT”, which will be 51% owned by BNP Paribas Leasing Solutions and 49% owned by 3 Step IT, and also through a Finnish company called 2Holding N&B Oy, which will be 86.8% owned by 3 Step IT and 13.2% owned by BNP Paribas Leasing Solutions.

Completion of the transaction is subject to obtaining approvals from the relevant competition authorities.

The Stephenson Harwood team is being led by London-based corporate finance partner Ben Mercer and senior associate Jonathan Bridcut, supported by associate Michelle Gomes. Competition partner Marta Garcia and senior associate Michael Papadakis are advising on the competition law aspects, and Paris-based partner Patrick Mousset and senior associate Julien Meillereux are advising on the French law aspects.

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KEY CONTACT

Ben Mercer

Ben Mercer
Partner

T:  +44 20 7809 2230 M:  +44 7919 402 344 Email Ben | Vcard Office:  London

Jonathan Bridcut

Jonathan Bridcut
Senior associate

T:  +44 20 7809 2393 M:  +44 7557 160 698 Email Jonathan | Vcard Office:  London

MEDIA CONTACT

Rose Russell
Communications & PR Executive

T: +44 20 7809 2961 
Email Rose