Hengeler Mueller advises Bertelsmann on acquisition of full ownership of Gruner + Jahr
06. October 2014
The international media company Bertelsmann is increasing its ownership of Gruner + Jahr to 100% by acquiring Jahr Holding’s 25.1% shareholding. The transaction was agreed among Gruner + Jahr’s shareholders. Bertelsmann’s acquisition of the remaining shares in Gruner + Jahr will become effective on 1 November 2014. The purchase price is being paid in cash, and the parties have agreed not to disclose the amount.
Hengeler Mueller advised Bertelsmann on the transaction. The Hengeler Mueller team included partners Bernd Wirbel and Gerd Krieger (both Corporate/M&A, Düsseldorf) as well as associates Daniela Böning (Corporate/M&A) and Patrick H. Wilkening (IP) (both Düsseldorf).