Hengeler Mueller advises Software AG on public takeover offer for IDS Scheer

On July 13, 2009, Software AG announced its intention to submit, by way of its 100% subsidiary SAG Beteiligungs GmbH, a voluntary public takeover offer for all outstanding shares in IDS Scheer AG. The merger looks to establish a new global player in infrastructure software and Business Process Management. The transaction value amounts to approx. € 487 million.

Hengeler Mueller is advising Software AG on this transaction. The Hengeler Mueller team includes partners Klaus-Dieter Stephan, Karsten Schmidt-Hern (both Corporate/M&A, Frankfurt), Emanuel P. Strehle (Corporate/M&A, Munich), Hendrik Haag (Financing, Frankfurt), Horst Satzky (Competition, Frankfurt), Alf-Henrik Bischke (Competition, Brüssel) and Carsten van de Sande (IP/IT, Frankfurt), counsel Axel Gehringer (Financing, Frankfurt) as well as associates Nikolaus Vieten, Andreas Löhdefink, Karl Thomas Koenen, Boris Kasten, Manuel Zandt (all Frankfurt) and Christian Schröder (Düsseldorf).