Atlantic BidCo GmbH recently completed the voluntary public takeover offer for the shares of Aareal Bank AG.
Atlantic BidCo is a non-controlled company indirectly held by funds which are respectively advised, managed or controlled by Advent International Corporation and Centerbridge Partners, L.P. and CPP Investment Board Europe S.à r.l, a wholly owned subsidiary of Canada Pension Plan Investment Board, as well as other minority shareholders.
Atlantic BidCo GmbH now owns approximately 90 percent of the share capital and the voting rights of Aareal Bank AG.
Hengeler Mueller advises Advent and Centerbridge on structuring, preparing and implementing all bank regulatory proceedings and aspects of the takeover of Aareal Bank including the shareholder control procedures and the holding structure vis-à-vis European Central Bank (ECB), the German supervisory authority (BaFin), Deutsche Bundesbank and the German Banking Association (Bundesverband deutscher Banken e.V.) and the Audit Association (Prüfungsverband deutscher Banken e.V.).
Hengeler Mueller team for Advent and Centerbridge
Banking Regulation: Dirk Hermann Bliesener (partner, lead), Martin Peters, Jan Letto Steffen (both counsel), Gerrit Tönningsen (associate, all Frankfurt),
Corporate: Johannes Adolff (partner), Daniela Favoccia (partner), Maximilian Kunzelmann (associate, all Frankfurt),
Employment: Christian Hoefs (partner, Frankfurt),
Tax: Markus Ernst (partner), Isabella Zimmerl (associate, both Munich).