Hengeler Mueller advises Utimaco Safeware on takeover offer
22. June 2010
Shield Bidco Limited, which is indirectly held by funds advised by Apax Partners, made public on 10 June 2010 a voluntary public takeover offer for the shares of Utimaco Safeware AG, a data protection specialist listed on the Frankfurt stock exchange. Shield Bidco had previously acquired some 70% in the IT security company Sophos Plc (UK), which has held more than 90% of the shares in Utimaco Safeware since 2008.
Hengeler Mueller has advised the management and supervisory boards of Utimaco Safeware AG on this takeover offer and their joint substantiated statement to the shareholders concerning the takeover offer. The team was led by partner Jochen Vetter (Munich) and included associates Fabian Dietz-Vellmer (Munich) and Philipp Jansen (Düsseldorf) - (all Corporate / M&A).