Hengeler Mueller advises HOCHTIEF on capital increase and investment by Qatar Holding

06. December 2010

Qatar Holding LLC, the strategic and direct investment arm of Qatar Investment Authority, is to become a major shareholder in HOCHTIEF Aktiengesellschaft, one of the leading international providers of construction-related services. The capital stock of HOCHTIEF is to be increased by around 10% under exclusion of subscription rights of existing shareholders. After acquiring all new shares, Qatar Holding will hold almost 9.1% of the new capital stock subsequent to the capital increase (volume of approximately EUR 400 m) becoming effective.

Hengeler Mueller has advised HOCHTIEF Aktiengesellschaft on this transaction. The Hengeler Mueller team was led by partner Gerd Sassenrath (Düsseldorf) and included partners Bernd Wirbel (Düsseldorf), Wolfgang Groß (Frankfurt), Stefan Richter and Ulrich Blech (both Berlin) as well as associates Helge Rieckhoff, Attila Oldag, Jörn-Ahrend Witt, Thomas Rühle and Dennis Schlottmann (all Düsseldorf).