UGGC |&| Associs
 
 
 
UGGC & Associés legal counsel to Oddo Asset Management and CM-CIC Capital Privé for their purchase into the capital of holding company Com & Co
Managed by Margareth Figueiredo and Christian Blachas - the founder of weekly magazine CB News dedicated to communication sector news - Com& Co is the holding company heading up CB News, CB TV and Tarif Média. Altogether, the holding company employs 75 staff, for a total turnover in 2008 of some EUR 10m.

Oddo Asset Management is a fully owned subsidiary to Oddo et Cie, entirely dedicated to asset management for both private and institutional clients. The company is present on all main management styles: shares (mid caps, quantitatives and actives), convertible debenture, asset allocation, traditional and alternative multi-management, bonds, monetary and Private Equity.

CM-CIC Asset Management is the third-party asset management service provider of France's second-largest retail bank, the Crédit Mutuel-CIC group. It was created by the merger Crédit Mutuel Finance and CIC Asset Management, respectively the asset management companies of Crédit Mutuel and CIC. CM -CIC Capital Privé teams are skilled in all management styles : Active management and index funds, Quantitative management, Absolute return, Guaranteed or protected funds, Ethical or socially responsible investment, Multi-management.

CM-CIC Capital Privé and Oddo AM take over the 40% held by Cita Gestion since 2005 and also subscribe to convertible debentures. Maragreth Figuereido and Christian Blachas will remain majority shareholders. The purchasers analyze this transaction as rather modest, but of great strategic significance in the communication and media sector.

Pascal Squercioni, partner, accompanied by Anne Ducros, counseled Oddo AM and CM-CIC Capital Privé on all corporate law issues for this operation.