Hengeler Mueller advises Postbank on sale of Asset Management activities to DWS
20. June 2012
On 15 June 2012, Postbank signed an agreement to sell its Asset Management activities to DWS Group. The sold activities include the management of 56 mutual and special funds which account for some 7.7 billion in asset volumes, including the relevant corporate units in Frankfurt am Main and in Luxembourg.
Hengeler Mueller advised Postbank on this transaction. The Hengeler Mueller team includes partners Peter Weyland (M&A), Thomas Paul (Banking & Capital Markets), Christian Hoefs (Labour) and Martin Klein (Tax) as well as associates Jan Letto Steffen and Sonnhild Draack (all Frankfurt).