Simpson Thacher is advising Blackstone on the acquisition, together with Colony IM, of a c.30.7% stake in Essendi (formerly AccorInvest) for consideration of up to c.€975 million.
The Simpson Thacher team includes Wheatly MacNamara, Adam Brunk, Krista Miniutti, Spencer Patton, David Broome, Emily A. Rosenthal, Matthew Acosta, Barbora Cechova, Andrea Whelton and Joanna Gray (Real Estate); Tom Lloyd, Ben Rodger and Emmanuel Yesufu (Real Estate Finance); Antonio Bavasso, Étienne Renaudeau, Henry Llewellyn and Sandeep Mahandru (Antitrust); Nick Shaw and Surya Bala (Capital Markets); and Sarah Lindley, Chris Dorman and Arianna Spina (Tax).