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ARTICLE · 13 MAY 2025

Public M&A In Germany 2024

A&O Shearman
A&O Shearman
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We are pleased to present our latest analysis on the public M&A market in Germany for 2024

GermanyCorporate/Commercial Law
Hans Diekmann
Hans Diekmann
Christian Eichner
Christian Eichner
Hartmut Krause
Hartmut Krause
Jonas Wittgens
Jonas Wittgens
Michael Weiß
Michael Weiß
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We are pleased to present our latest analysis on the public M&A market in Germany for 2024. This comprehensive report, prepared by A&OShearman, provides an in-depth overview of the market developments and key trends, including an overview of relevant jurisdiction, that have shaped the landscape of public mergers and acquisitions in Germany over the past year.

Key highlights include:

  • A notable increase in the number of public offers, with a total transaction volume of approximately EUR40.1 billion.
  • A continued focus on delisting, with 63% of offers aimed at withdrawing from the stock exchange.
  • The persistent importance of material adverse change (MAC) clauses, which featured in 88% of takeover offers.

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