Global law company Freshfields Bruckhaus Deringer (‘Freshfields’) is advising Siemens Strength AG on the now declared public tender give to the outside shareholders of the Spanish Siemens Gamesa Renewable Power, S.A. with the purpose of delisting and thoroughly integrating Siemens Gamesa. Siemens Electrical power AG presently retains somewhere around 67.1 percent of the shares in Siemens Gamesa. The declared offer value is €18.05 per share, valuing Siemens Gamesa at roughly €12.3 billion (equity value). The transaction volume is just above €4 billion. Binding funding commitments presently exist for the financing of the tender offer.
Siemens Strength AG is a MDAX-mentioned international chief in electric power era, energy transmission and industrial answers, both of those typical and renewable. Siemens Gamesa is a outlined organization at this time detailed on the Spanish IBEX-35 index and a top worldwide producer of on-shore and off-shore wind turbines and supplier of related solutions.
Freshfields has advised Siemens Energy AG on its strategic assessment and the resulting transaction system comprehensively with regard to corporate, takeover and cash marketplaces regulation beneath German and Spanish law, as perfectly as on the financing and on the tax and regulatory elements.
The transaction is envisioned to be accomplished in the second 50 % of 2022.
The Freshfields workforce contains in individual:
Associates: Christoph H. Seibt (Company/M&A, Hamburg Guide), Armando Albarrán (Corporate/M&A, Madrid Co-Direct), Simon Schwarz-Lindenberg (Company/M&A, Hamburg/Frankfurt), Mario Hüther, Christoph Gleske (both of those 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 (Corporate/M&A, Madrid), Nikolaus Bunting (Finance/ECM, Frankfurt), Álvaro Galobart (Finance, Madrid), Björn Junior (Tax, Düsseldorf)
Associates: Maximilian Berenbrok (Company/M&A, Hamburg), Ignacio Baena (Company/M&A, Madrid), Lucas Lengersdorf (Finance, Frankfurt), Álvaro Galobart (Finance, Madrid), Sebastian Jung (Tax, Frankfurt), Carmen Delgado (Tax, Madrid), Karla Halonen (Antitrust/Expenditure Management Legislation, Brussels)
Siemens Power was suggested inhouse by: Anton Steiger (General Counsel), Christian Zentner (Head of Corporate/M&A), Elke Wachenfeld-Teschner (Head of Funds Markets & Shareholdings), Jörn Eickhoff (Head of Authorized Competitiveness & Regulatory), Antonia Maier (Senior Counsel Corporate/Supervisory Board), Moritz Maier (Senior Counsel Company), Andreas Kirchner (Senior Counsel Finance)