Transactions


DISCLAIMER: Transaction value is approximate and is based on information disclosed by the parties to the transaction or other public sources. In addition, in the case of transactions consummated in currencies other than U.S. dollars, Lazard has converted the value using the exchange rate published on the date of announcement. Lazard makes no representation or warranty with respect to the accuracy or completeness of the value provided

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December 18, 2007 Belgium, Italy

Ergon Capital Partners, the PE fund backed by Albert Frére-owned GBL Group, acquires Nicotra-Gebhardt, a leading manufacturer of industrial fans

Undisclosed

December 17, 2007 Austria

Purchase of Shell's 25% shareholding in RAG

Undisclosed

December 15, 2007 France, Poland, United States

Casino reaches partnership agreement with Whitehall funds to develop shopping centres in Poland

$700 Million

December 14, 2007 Italy

Eur reaches agreement with Condotte d'Acqua and Condotte Immobiliare to form joint venture for refurbishment of "Ex Olympic Velodrome" complex

Undisclosed

December 14, 2007 United States

Investor group, including management, acquires SmartBargains.com

Undisclosed

December 14, 2007 United States

PIPE offering of common stock

$20 Million

December 12, 2007 France, United States

Veolia Energy to acquire Thermal North America

$788 Million

December 12, 2007 Nicaragua

Nicaragua Announces Success of US$ 1.4 billion External Debt Cash Tender Offer

$1.4 Billion

December 12, 2007 Gabon

Gabon USD 1 billion debut international bond issue

$1 Billion

December 12, 2007 Australia

Bell Financial Group Ltd Completes IPO and Begins Trading on the Australian Stock Exchange

$68 Million