Clifford Chance

Clifford Chance advises TBG on its acquisition of Telvent DTN from Schneider Electric

Leading international law firm Clifford Chance is advising TBG AG ("TBG"), a Switzerland-based private holding company, on its acquisition of Telvent DTN, LLC ("DTN"), a US-based data-software business, from French power-equipment supplier Schneider Electric SE in a transaction valued at US$900 million. The deal was announced on April 3, 2017.

DTN is a leader in providing information services, supply chain connectivity tools and decision support solutions in agricultural, energy and environmental industries.

The Firm's team advising TBG is led out of New York by Corporate partner Kevin Lehpamer and associates Matthew Warner, Amy Chen, Stephanie Oross and Max Lesser. Partner David Moldenhauer and associate Eric Naftel are advising on the tax aspects of the transaction; partner Howard Adler and associate Atul Jain are advising on employment; partner Tim Cornell and associates Brian Concklin and Kiran Gill are advising on antitrust; counsel Daryl Fairbairn and associate Jennifer Saionz are advising on IP; and counsel Victoria Manthas and associate Levent Kiran are advising on real estate.