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Conyers Dill & Pearman is advising General Electric on the sale of its water and process technologies business to Suez, a French waste and water group, and Caisse de dépôt et placement du Québec, a Canadian pension fund. The transaction, which is subject to customary closing conditions, values the business at approximately US$3.4 billion.
Conyers is providing both Bermuda and British Virgin Islands advice on the transaction, with a team made up of Marcello Ausenda and Kathleen Moniz from Conyers’ Bermuda office and Anton Goldstein, Matthew Harkness and Marcus Hallan from Conyers’ BVI office.