spot_img
Sunday, May 26, 2024

Freshfields advises Siemens Energy on takeover bid for Siemens Gamesa

Freshfields Bruckhaus Deringer is advising Siemens Energy AG on the now announced public tender offer to the outside shareholders of the Spanish Siemens Gamesa Renewable Energy, S.A. with the aim of delisting and fully integrating Siemens Gamesa

-

Siemens Energy AG already holds approximately 67.1 percent of the shares in Siemens Gamesa. The announced offer price is €18.05 per share, valuing Siemens Gamesa at approximately €12.3 billion (equity value). The transaction volume is just over €4 billion. Binding financing commitments already exist for the financing of the tender offer.

Siemens Energy AG is a MDAX-listed international leader in power generation, power transmission and industrial solutions, both conventional and renewable. Siemens Gamesa is a listed company currently listed on the Spanish IBEX-35 index and a leading international manufacturer of on-shore and off-shore wind turbines and provider of related services.

Freshfields has advised Siemens Energy AG on its strategic review and the resulting transaction plan comprehensively with regard to Corporate, Takeover and Capital Markets Law under German and Spanish Law, as well as on the Financing and on the Tax and Regulatory aspects.

The transaction is expected to be completed in the second half of 2022.

The Freshfields team consisted of the following:

Partners: Christoph H. Seibt (Corporate/M&A, Hamburg; Lead), Armando Albarrán (Corporate/M&A, Madrid; Co-Lead), Simon Schwarz-Lindenberg (Corporate/M&A, Hamburg/Frankfurt), Mario Hüther, Christoph Gleske (both Finance, Frankfurt), Ana López (Finance, Madrid), Philipp Redeker (Tax, Düsseldorf), Silvia Paternain (Tax, Madrid), Frank Montag (Antitrust, Brussels).

Counsel: Alexander Pospisil (Finance, Frankfurt), Cristina Esteve (Finance, Madrid), Peter Stark (Tax, Frankfurt), María Mera Garcia (Tax, Madrid)

Principal Associates: Karsten Krumm (Corporate/M&A, Hamburg), Asís Martín de Cabiedes (Corporate/M&A, Madrid), Nikolaus Bunting (Finance/ECM, Frankfurt), Álvaro Galobart (Finance, Madrid), Björn Junior (Tax, Düsseldorf)

Associates: Maximilian Berenbrok (Corporate/M&A, Hamburg), Ignacio Baena (Corporate/M&A, Madrid), Lucas Lengersdorf (Finance, Frankfurt), Álvaro Galobart (Finance, Madrid), Sebastian Jung (Tax, Frankfurt), Carmen Delgado (Tax, Madrid), Karla Halonen (Antitrust/Investment Control Law, Brussels)

Siemens Energy was advised inhouse by: Anton Steiger (General Counsel), Christian Zentner (Head of Corporate/M&A), Elke Wachenfeld-Teschner (Head of Capital Markets & Shareholdings), Jörn Eickhoff (Head of Legal Competition & Regulatory), Antonia Maier (Senior Counsel Corporate/Supervisory Board), Moritz Maier (Senior Counsel Corporate), Andreas Kirchner (Senior Counsel Finance)

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

KPMG Abogados advises Miura Partners on the acquisition of GasN2

GasN2 was founded in 2009 and is based in Sentmenat (Barcelona). GasN2 designs, manufactures and markets energy-efficient industrial equipment for a wide variety of...

Andersen promotes five partners, two of them equity

These promotions are in line with the firm's strategy of promoting professional careers in the firm, as well as the projection of younger professionals...

Clifford, Linklaters advise on Real Madrid strategic agreement with Sixth Street and Legends

The Board of Directors of Real Madrid C.F. at its meeting yesterday ratified an agreement with Sixth Street, an investment firm, and Legends, a...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: