Hengeler Mueller advises MVV Energie AG on the sale of the shareholdings held by EnBW AG and RheinEnergie AG

26. March 2020

EnBW AG and RheinEnergie AG have reached an agreement in principle with a bidder on the sale of their shareholdings in MVV Energie AG amounting to 45.1% in aggregate. The sale process is run in coordination with MVV Energie AG and the city of Mannheim as majority shareholder. The signing is subject to required board, council and regulatory approvals.

Hengeler Mueller advises MVV Energie AG on the transaction including structuring, the sales process and due diligence, reflecting own interest in contracts and capital market issues. The team is led by partner Matthias Hentzen (Corporate/M&A) and includes partner Carl-Philipp Eberlein (Financial Markets Regulation), counsel Christian Strothotte as well as associate Katharina Hesse (both Corporate/M&A) (all Düsseldorf).