Our “Public Takeovers in Germany” newsletter
provides an overview of public takeovers carried out in Germany in
2019 under the German Securities Acquisition and Takeover Act
(WpÜG) and of recent developments in German public takeover
law. As a global law firm, we are constantly observing the M&A
markets in Germany and abroad. We would like to share our insights
with you in this newsletter.
The main part of this newsletter presents a statistical overview
of the public takeovers executed in Germany in 2019 under the
WpÜG. This overview is based on the database of German
takeover bids published by the German Federal Financial Supervisory
Authority (BaFin). In addition, we have analyzed the management
statements published by the management boards and supervisory
boards of the target companies. Wherever a public offer was
amended, our analysis reflects only the data from the final version
of the offer, unless indicated otherwise.