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Context

An international banking group wished to withdraw from part of its activities, particularly in France. He entered into negotiations with several buyers

 

Content of the mission

• Preparation of the associated legal documentation (economic note and detailed presentation of the project and its terms, in collaboration with the buyer)

• Study on the transferability of employment contracts (characterization of an autonomous economic entity) in collaboration with specialized law firms

• Presentation of the acquirer's strategic vision

• Formalization of the social consequences of the project (on individual/collective statutes, company agreements, etc.)

• Support in internal communication (staff representative bodies, employees)

• Diagnosis of psychosocial risks induced by the project and their prevention

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Results

• Formalization of a documentary base for consultations with employee representative bodies, regardless of the purchaser selected (reasons for the project, legal and social terms, etc.)

• Awareness of workload issues and prevention of psychosocial risks

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Key factors of success

• Ability to manage several potential buyers (depending on the progress of negotiations)

• Support over a long period (with regular stop & go)