Hengeler Mueller advises LEONI on Pierer's partial purchase offer
13. August 2021
On 30 July, Pierer Industrie AG published a voluntary public tender offer by way of a partial purchase offer to the shareholders of LEONI AG. Accordingly, Pierer Industrie AG offers to acquire up to 3,135,218 shares of LEONI AG, corresponding to approximately 9.60 % of the share capital, in order to increase its existing participation to up to 24.90 % of the voting rights. The Management Board and the Supervisory Board of LEONI AG have issued their joint statement on the acquisition offer.
Hengeler Mueller advises LEONI on the offer. The team is led by partner Simon Patrick Link (Corporate/Capital Markets, Munich) and includes partner Markus Röhrig (Antitrust, Brussels) as well as associates Lisa Kopp, Sara Dietz, (both Corporate/Capital Markets, Munich) and Lukas Ritzenhoff (Antitrust, Brussels).