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Case study · Banking sector

Divestiture of activities in the banking sector.

Immeuble bancaire illustrant un projet de cession d'activités

Context.

An international banking group wished to divest part of its activities, in particular in France. It entered into negotiations with several potential buyers.

Scope of our assignment.

01

Preparation of the related legal documentation (economic memorandum and detailed presentation of the project and its terms, in collaboration with the buyer)

02

Study of the transferability of employment contracts (characterisation of an autonomous economic entity), in collaboration with specialised law firms

03

Presentation of the buyer's strategic vision

04

Formalisation of the project's social consequences (on individual and collective status, company agreements, etc.)

05

Support for internal communication (employee representative bodies, employees)

06

Diagnosis of the psychosocial risks generated by the project and of their prevention

Results.

Formalisation of a documentary base for the consultation of employee representative bodies, whichever buyer was selected (grounds for the project, legal and social terms, etc.)

Awareness-raising on workload issues and prevention of psychosocial risks

Key success factors.

01

Ability to manage several potential buyers (depending on the progress of negotiations)

02

Support over a long period (with regular "stop & go" phases)

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