Hengeler Mueller advises Elanco Animal Health on Bayer Animal Health Acquisition
Elanco Animal Health Incorporated today announced it had entered into an agreement with Bayer AG to acquire its animal health business in a transaction valued at $7.6 billion. The transaction will be financed by a 70% cash/30% equity combination.
Hengeler Mueller advises innogy on sale of its stake in Slovakian VSEH to RWE
innogy SE has sold its 49 per cent stake in the business of the Slovakian VSEH (Východoslovenská energetika Holding a. s.), based in Kosice, to RWE. VSEH is a holding company whose subsidiaries are engaged in the business of electricity supply and distribution as well as retail in Slovakia.
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Hengeler Mueller advises excellence group Berlin University Alliance
The Berlin University Alliance has qualified as a consortium for a funding in the Universities of Excellence competition of the German federal and state governments. With their joint proposal entitled "Crossing Boundaries toward an Integrated Research Environment", the four Berlin partners – Freie Universität Berlin, Humboldt-Universität zu Berlin, Technische Universität Berlin, and Charité – Universitätsmedizin …
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Hengeler Mueller advises Accel on participation in further sennder funding round
Accel has, together with other co-investors, participated in the Series C funding round of the Berlin-based logistics startup company sennder. Accel had initially invested in the digital road-freight-forwarder as part of the Series B financing in spring.
Hengeler Mueller advises Tencent on further investment in N26
As part of an extended Series D Funding round, Tencent Holdings Ltd., one of the leading technology companies particularly in China, has increased its investment in N26 GmbH, a provider of mobile banking services. All previous investors from the Series D funding round in January 2019 have participated in this latest investment in N26.
Hengeler Mueller advises Ørsted on GIP’s sale of stake in offshore wind farm Gode Wind 1 to Glennmo
Global Infrastructure Partners (GIP) is divesting its 50 percent stake in the German offshore wind farm Gode Wind 1. GIP has for this purpose sold a 25 percent stake in the project to each of the investors Glennmont Partners and The Renewables Infrastructure Group Limited (TRIG). Ørsted, global leader in offshore wind and developer of …
Hengeler Mueller advises Supervisory Board of Osram on takeover offer
After detailed discussions, a bidding consortium composed of Bain Capital and The Carlyle Group, has presented to the Managing Board and Supervisory Board of OSRAM Licht AG ("Osram") a legally binding transaction offer for the public takeover of all the shares of Osram. Following a diligent process with the best interests for the company, the …
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Hengeler Mueller secures merger clearance in the paper wholesale market
After more than seven months of examination the German Federal Cartel Office (Bundeskartellamt) has given clearance for the intended acquisition of OptiGroup AB's German paper distribution business bundled in Papyrus Deutschland GmbH & Co. KG by Inapa – Investimentos, Participações e Gestão, S.A. With its subsidiary Papier Union GmbH Inapa is also active in the …
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Hengeler Mueller advises Bayer on completed sale of global prescription dermatology business
LEO Pharma completes the acquisition of Bayer’s prescription dermatology business. The transaction includes the product rights for Bayer’s global prescription dermatology business with the exception of Afghanistan and Pakistan, a production facility in Segrate, Italy, and a total of 347 employees who will join LEO Pharma in addition to the employees who joined from the …