Anne-Sophie Maes advises on Danone rights issue

[private]Shearman & Sterling is advising Danone on a €3 billion capital increase with preferential subscription rights. The rights issue consists of a public offering in France and Switzerland and an international private placement.

The subscription period runs from June 1, 2009 to June 12, 2009 inclusive, and settlement and delivery will take place on June 25, 2009.

Shearman & Sterling’s team is led by partners Bertrand Sénéchal (Paris-Capital Markets) and Robert Treuhold (Paris-Capital Markets/Mergers & Acquisitions), assisted by associates Séverine de La Courtie (Paris-Capital Markets), Trevor Ingram (Paris-Capital Markets) and Pierre Treille (Paris-Capital Markets) for capital markets aspects and Anne-Sophie Maes (Paris-International Tax) for tax aspects.[/private]