Olivier Thebault
Olivier specialises in corporate and securities law. 

Olivier advises companies, shareholders and investors (including, public entities and investment funds) as well as underwriters on the full range of equity capital markets transactions, including initial public offerings, rights offerings and other share capital increases, issuance of equity-linked securities (convertible bonds, exchangeable bonds, warrants) or block trades, as well as mergers, acquisitions and disposals. Olivier’s practice also includes capital markets-related regulatory advice and corporate governance matters.

Olivier regularly speaks at conferences and seminar organized by A&O Shearman or market associations.

Expertise

Industries

Experience

Representative matters

  • The French State on the financing of Air France-KLM and SCNF in the context of the Covid-19 pandemic.
  • Groupe Arnault on its investment in Lagardère SCA.
  • Amplitude Surgical and Apax Partners on the initial public offering of Amplitude Surgical.
  • Korian on its EUR400m rights issue to finance the acquisition of IniceaKorian on its EUR400m rights issue to finance the acquisition of Inicea.
  • Kepler Cheuvreux and its shareholders on the investment of Atlas Merchant Capital and Eres in Kepler Cheuvreux.
  • The underwriters on the initial public offering and the rights offering of Amundi.
  • The underwriters on the initial public offering of ALD.
  • The underwriters on the initial public offering of Spie.
  • Korian on its issuances of convertible bonds.
  • Accor on its issuance of convertible bonds.
  • Ubisoft on its issuances of convertible bonds.
  • The underwriters on the issuances by Artemis and Kering of bonds exchangeable for Puma shares.
  • Airbus on the disposal of Dassault Aviation shares by way of block trades and exchangeable bonds.
  • Wendel on the disposal of Saint-Gobain shares by way of block trades and exchangeable bonds.

Published Work

  • Comment augmenter son capital avec un cours de bourse inférieur au pair ?, Option Finance n°1020, 16 mars 2009, pages 37-38
  • Rémunération des dirigeants : une obscure transparence, La Tribune.fr, 12 janvier 2009

Recognition

Olivier Thébault demonstrates exceptional availability, consistently providing clear and precise answers to even the most complex questions. He possesses excellent teaching skills, a pragmatic approach, and solid experience. His knowledge of capital markets is robust and highly reliable, and his involvement in corporate/M&A matters is a significant asset.
Legal 500 EMEA France 2026 (Capital Markets: Equity Capital Markets)
Olivier Thébault delivers a high level of expertise in a sustainable manner with a concern for efficiency and precision appreciated both on the client and bank sides.
Chambers France 2026 (Capital Markets: Equity)

Awards

  • Band 2, Chambers France 2026 - (Capital Markets: Equity)
  • Band 2, Chambers Global 2024 - (Capital Markets: Equity)
  • Band 3, Chambers Global/Europe 2023 - France (Capital Markets: Equity)
  • Band 3, Chambers Global/Europe 2023 - France (Capital Markets: Debt)
  • Next Generation Partner, Legal 500 EMEA 2023 - France (Capital Markets: Equity)
  • Band 3, Chambers Global/Europe 2022 - France (Capital Markets: Equity)

Qualifications

Admissions

Admitted to the Paris Bar- 2004

Academic

Post Graduate Degree, Private International Law, University of Paris I Panthéon-Sorbonne, 2003

Post Graduate Degree, Business and Tax Laws, University of Paris II Panthéon-Assas, 2002

MA, Business Law, University of Paris II Panthéon-Assas, 2001

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.