Hengeler Mueller advises Deutsche Bahn AG and Deutsche Bank AG on sale of Arcor shareholdings
21. May 2008
Deutsche Bahn AG and Deutsche Bank AG have sold their respective shareholdings of 18.17% and 8.18% in Arcor AG & Co. KG, the second largest fixed network provider in Germany, to Vodafone Group plc. Vodafone already was the majority shareholder. The total transaction value amounts to 474 million euros.
Hengeler Mueller advised Deutsche Bahn AG and Deutsche Bank AG on this transaction. The Hengeler Mueller team included partners Burkhardt Meister (Corporate/M&A), Ernst-Thomas Kraft (Tax) and Horst Satzky (Competition) as well as associate David Barst (all Frankfurt).