Hengeler Mueller advises financing banks on Ariba takeover by SAP

24. May 2012

SAP AG, the world’s leading provider of business software, and Ariba Inc., the market-leading provider of cloud-based trading networks, have signed a merger agreement to acquire Ariba, Inc. The transaction value amounts to approximately USD 4.3 bn. Deutsche Bank and J.P. Morgan have underwritten a EUR 2.4 bn term loan facility for purposes of financing the transaction.

Hengeler Mueller has been advising Deutsche Bank and J.P. Morgan. The Hengeler Mueller team included partners Thomas O. Cron and Heinrich Knepper as well as associate Daniela Böning (all Frankfurt).