Hengeler Mueller advises Aareal on acquisition of Düsseldorfer Hypothekenbank
12. September 2018
Aareal Bank Group acquires all shares in Düsseldorfer Hypothekenbank AG from the Association of German Banks (Bundesverband Deutscher Banken e.V.). Closing of the transaction is subject to regulatory approvals, and is currently expected to take place still in 2018. The preliminary purchase price is approx. EUR 162 million. The final purchase price will depend upon market price fluctuations until the closing date.
Hengeler Mueller advised Aareal comprehensively on the transaction. The team was led by partner Johannes Adolff (Corporate/M&A) and included partners Dirk Bliesener (Bank Regulatory), Lucina Berger (Corporate), Christian Hoefs (Employment) (all Frankfurt) and Alf-Henrik Bischke (Antitrust, Düsseldorf) as well as associates Loretta Lang (M&A), Jan Häller (Corporate) and Jan L. Steffen (Bank Regulatory) (all Frankfurt).