Lone Star Funds have entered into an agreement to sell 100% of the shares in IKB Deutsche Industriebank AG to Crédit Agricole, S.A. IKB is a leading provider of banking services and financing for small and medium-sized enterprises in Germany with total assets of €14.3 billion.
The transaction is subject to customary closing conditions, including antitrust and regulatory clearances.
Hengeler Mueller advises Lone Star Funds on the transaction.
Hengeler Mueller team for Lone Star
Corporate/M&A: Johannes Adolff, Andreas Hoger (both partner, both lead), Moritz Weidemann, Maximilian Kunzelmann (both senior associate), Maximilian Appel, Lukas König, Julia Tietz, Talitha von Loeper (all associate, all Frankfurt),
Banking supervisory law: Dirk Bliesener, Gerrit Tönningsen (both partner), Jan Letto Steffen (counsel), Charlotte van Kampen (all Frankfurt), Marvin Geisler (Düsseldorf, both senior associate),
Public Law/Regulatory/FSR: Jan D. Bonhage (Berlin), Vera Jungkind (Düsseldorf, both partner), Christian Dankerl (Counsel, Brussels), Anouk Ludwig (senior associate, Düsseldorf), Nikolaus Wallraff, Henri Roth (both associate, both Berlin),
Financing: Nikolaus Vieten (partner), Simon Tänzer (senior associate, both Frankfurt),
Tax: Markus Ernst (partner, Munich), Sebastian Heinrichs (counsel, Frankfurt),
IP/IT: Matthias Rothkopf (partner), Patrick M. Schmidt (senior associate, both Düsseldorf),
Employment: Christian Hoefs (partner), Musa Müjdeci (senior associate, both Frankfurt),
Antitrust: Christoph Wilken (partner, Brussels), Wanja Leo Guenther (senior associate, Düsseldorf).