Shearman & Sterling is advising GE Capital Global Holdings, LLC on its acquisition of a 24.99% stake in YPF Energía Eléctrica (YPF EE) from YPF S.A.
When complete, GE Capital and YPF S.A. will jointly control YPF EE. GE Capital will pay $275 million for its stake in YPF EE, in addition to a $35 million contingent payment. The transaction is expected to close by February 28, 2018.
GE Capital Limited provides commercial and consumer lending services in Europe and internationally. The company, led by Ilaria Del Beato, Sandy Lucas, Lorna Curry and Tim Minall, is based in London.
Shearman & Sterling advised with a team including Robert Freedman (Picture), Jonathan Kellner, Christian Rudloff, Barbara A. Edwards, Filipe Lima, James Ireland and Claire Melvin
Involved fees earner: Jonathan Kellner – Shearman & Sterling; Filipe Lima – Shearman & Sterling; Christian Rudloff – Shearman & Sterling; Robert Freedman – Shearman & Sterling; Barbara Edwards – Shearman & Sterling; James Ireland – Shearman & Sterling; Claire Melvin – Shearman & Sterling;
Law Firms: Shearman & Sterling;
Clients: GE Capital Corporation;