Caisse des Depots Developpement SA and CNP Assurances SA (ENXTPA:CNP) signed a binding agreement to acquire 49.9% stake in RTE Reseau de Transport d'electricite from Electricite de France SA (ENXTPA:EDF) for €4.1 billion on December 14, 2016. The deal was financed in the form of a bridge loan of €2.82 billion from a banking pool of 5 banks. The deal, will help replenish EDF's funds. The transaction subject to relevant merger control authorities, is expected to be completed by first half of 2017. As on March 27, 2017, European Commission approved the sale of RTE shares. Lazard Frères Banque SA acted as financial advisor to Electricite de France. Bertrand Cardi, Olivier Huyghues Despointes, Alexandre Durand, Alix de Montchenu, Vincent Agulhon, Loïc Védie, Henri Savoie, Patrick Mèle, Guillaume Griffart, Didier Théophile and Olivia Chriqui of Darrois Villey Maillot Brochier acted as legal advisor to Caisse des Depots Developpement. Guillaume Touttée, Christine Le Bihan-Graf, Frédéric Keller, Laure Givry, Laure Rosenblieh, Elisabeth Creux and Laetitia Gavoty of De Pardieu Brocas Maffei acted as legal advisor to CNP Assuarances.

Marc Loy, Jean-Emmanuel Skovron, David Andreani, Inès Datchary, Manon Baezner, Antoine Gosset Grainville, Mathilde Damon and Lydia Nguyen of BDGS acted as legal advisors to EDF. Nicolas de Boynes and Alexis Madec of Sullivan & Cromwell LLP acted as legal advisor to EDF. Yannick Olivier, Idris Hebbat, Vanessa Hamiane, Djeneba Samaké, Alexandre Robert, Bernard Borrely, Aurélie Cluzel-d'Andlau, Pauline Guilbaud and Libera Bigenwald of PwC Société d'Avocats acted as legal advisor to EDF. Bertrand Andriani of Linklaters acted as legal advisor to the lenders on financing aspects. Daniel Zerbib of Clifford Chance acted as legal advisor to Electricite de France and Caisse des dépôts et consignations on the financing aspects. Daniel Zerbib and Bruno Vannini of Clifford Chance LLP acted as legal advisors to EDF. BNP Paribas SA acted as financial advisor to Caisse des Depots Developpement SA and CNP Assurances SA. Citi Group, Inc. acted as financial advisor to RTE Reseau de Transport d'electricite

Caisse des Depots Developpement SA and CNP Assurances SA (ENXTPA:CNP) completed the acquisition of 49.9% stake in RTE Reseau de Transport d'electricite from Electricite de France SA (ENXTPA:EDF) on March 31, 2017.