Clifford Chance advises JB Capital Markets & Societe Generale on Dominion IPO

Clifford Chance advised JB Capital Markets and Societe Generale, as global coordinators, and Banco Santander as joint bookrunner, on the initial public offering (IPO) of Global Dominion Access, a subsidiary of the CIE Automotive group.

Under the terms of the IPO, 54.7 million shares in the company will be issued, representing 33.30 per cent of the company’s capital supply.

The offer price was set at €2.74 euros per share, which represented an initial capitalisation of approximately €450 million euros.

The Clifford Chance team, which advised on English, Spanish and US law aspects of the IPO, was led by partner Antonio Henríquez, and included partners Javier García de Enterría, Yolanda Azanza, and John Connolly.