The annual general meeting of MAN SE resolved on 29 July 2021 on request of majority shareholder TRATON SE the transfer of the shares held by the minority shareholders of MAN SE to TRATON SE against an appropriate cash compensation. The underlying merger agreement between MAN SE as the transferring entity and TRATON SE as the acquiring entity was concluded on 14 May 2021. The effectiveness of the merger and the squeeze-out is subject to the entry in the commercial registers.
Hengeler Mueller advises MAN on the merger-related squeeze-out. The team is led by partners Jochen Vetter (Munich) and Oliver Rieckers (Düsseldorf) and includes counsel Petra Mennicke as well as associates Eric Becker, Andreas Tarde (all Düsseldorf) and Viola de Blecourt (Munich) (all Corporate).