International legislation organization Freshfields Bruckhaus Deringer (‘Freshfields’) is advising Siemens Strength AG on the now announced general public tender offer you to the exterior shareholders of the Spanish Siemens Gamesa Renewable Power, S.A. with the purpose of delisting and fully integrating Siemens Gamesa. Siemens Energy AG previously retains roughly 67.1 p.c of the shares in Siemens Gamesa. The introduced offer price is €18.05 per share, valuing Siemens Gamesa at around €12.3 billion (equity value). The transaction quantity is just around €4 billion. Binding financing commitments by now exist for the funding of the tender provide.
Siemens Power AG is a MDAX-outlined intercontinental chief in ability technology, power transmission and industrial alternatives, each standard and renewable. Siemens Gamesa is a listed enterprise at this time shown on the Spanish IBEX-35 index and a major global producer of on-shore and off-shore wind turbines and service provider of connected expert services.
Freshfields has recommended Siemens Strength AG on its strategic assessment and the resulting transaction program comprehensively with regard to company, takeover and capital markets legislation less than German and Spanish regulation, as properly as on the funding and on the tax and regulatory features.
The transaction is envisioned to be finished in the next half of 2022.
The Freshfields crew consists of in particular:
Associates: Christoph H. Seibt (Company/M&A, Hamburg Direct), Armando Albarrán (Company/M&A, Madrid Co-Lead), Simon Schwarz-Lindenberg (Company/M&A, Hamburg/Frankfurt), Mario Hüther, Christoph Gleske (both equally Finance, Frankfurt), Ana López (Finance, Madrid), Philipp Redeker (Tax, Düsseldorf), Silvia Paternain (Tax, Madrid), Frank Montag (Antitrust, Brussels).
Counsel: Alexander Pospisil (Finance, Frankfurt), Cristina Esteve (Finance, Madrid), Peter Stark (Tax, Frankfurt), María Mera Garcia (Tax, Madrid)
Principal Associates: Karsten Krumm (Corporate/M&A, Hamburg), Asís Martín de Cabiedes (Company/M&A, Madrid), Nikolaus Bunting (Finance/ECM, Frankfurt), Álvaro Galobart (Finance, Madrid), Björn Junior (Tax, Düsseldorf)
Associates: Maximilian Berenbrok (Corporate/M&A, Hamburg), Ignacio Baena (Corporate/M&A, Madrid), Lucas Lengersdorf (Finance, Frankfurt), Álvaro Galobart (Finance, Madrid), Sebastian Jung (Tax, Frankfurt), Carmen Delgado (Tax, Madrid), Karla Halonen (Antitrust/Investment decision Command Regulation, Brussels)
Siemens Electricity was suggested inhouse by: Anton Steiger (Basic Counsel), Christian Zentner (Head of Company/M&A), Elke Wachenfeld-Teschner (Head of Capital Marketplaces & Shareholdings), Jörn Eickhoff (Head of Authorized Competition & Regulatory), Antonia Maier (Senior Counsel Corporate/Supervisory Board), Moritz Maier (Senior Counsel Corporate), Andreas Kirchner (Senior Counsel Finance)