Skip to content

Allen & Overy advises Deutsche Beteiligungs AG on its capital increase

Related people
Dr Knut Sauer

Partner

Frankfurt am Main

View profile →

Marc Plepelits

Partner

Frankfurt am Main

View profile →

15 September 2016

Allen & Overy LLP has advised Deutsche Beteiligungs AG on its capital increase raising gross proceeds of approximately EUR 38.6 million.

The 1,367,635 new shares (approximately 10% of the company’s registered pre-transaction share capital) from Deutsche Beteiligungs AG’s authorized capital have been placed under exclusion of statutory preemptive rights with German and international institutional investors in an accelerated bookbuilding procedure at a price of EUR 28.25 per share. Baader Bank Aktiengesellschaft acted as Sole Bookrunner in relation to the transaction.

The Allen & Overy team was led by partner Dr Knut Sauer (International Capital Markets, Frankfurt) and further comprised partner Marc O. Plepelits (U.S. Corporate Finance, Frankfurt) and senior associates Dr Camilla Kehler-Weiß, David Rath (both International Capital Markets, Frankfurt) and Timothy Knauff (U.S. Corporate Finance, Frankfurt) and counsel Jens Wagner (Corporate, Munich).

Florian Döring (Head of Legal and Tax) managed the transaction on behalf of Deutsche Beteiligungs AG’s legal department.

Related expertise