Legal DealFolio - Amadeus Group Voluntary Takeover of i:FAO

Clifford Chance has advised i:FAO AG, Frankfurt am Main, on the voluntary public takeover offer by a company of the Amadeus Group, Madrid. The Chief Executive Officer and largest shareholder of i:FAO as well as further major shareholders have agreed to tender their shares. Amadeus thus has ensured acceptance of the offer by 68.5 percent of i:FAO's share capital. The acquisition is subject to approval by the antitrust authorities. i:FAO develops cytric, Europe's most widely used cloud services for managing business travel. The company is listed at the Frankfurt stock exchange. Its customers are large groups of companies, medium-sized enterprises and public entities in more than 82 countries. Amadeus Group is a globally leading provider of IT solutions for the travel industry. The Clifford Chance team has been led by partner Dr. Arndt Stengel and comprised counsel Gwendolyn Muller (both Corporate, Munich) and senior associate Annette Rohder (Corporate, Frankfurt).

Deal Date:	14-05-2014	Practice Area:	Corporate and M&A
Deal Title:	Amadeus Group Voluntary Takeover of i:FAO	Industry:	Travel & Leisure
Description:	Clifford Chance has advised i:FAO AG, Frankfurt am Main, on the voluntary public takeover offer by a company of the Amadeus Group, Madrid. The Chief Executive Officer and largest shareholder of i:FAO as well as further major shareholders have agreed to tender their shares. Amadeus thus has ensured acceptance of the offer by 68.5 percent of i:FAO's share capital. The acquisition is subject to approval by the antitrust authorities. i:FAO develops cytric, Europe's most widely used cloud services for managing business travel. The company is listed at the Frankfurt stock exchange. Its customers are large groups of companies, medium-sized enterprises and public entities in more than 82 countries. Amadeus Group is a globally leading provider of IT solutions for the travel industry. The Clifford Chance team has been led by partner Dr. Arndt Stengel and comprised counsel Gwendolyn Muller (both Corporate, Munich) and senior associate Annette Rohder (Corporate, Frankfurt).
Financial Center:	Frankfurt	Value:	0.00-100.00
Advised Party:	Target Company	Law Firm	Clifford Chance
Target Company Jurisdiction:	Germany	Acquiror Jurisdiction:	Spain
Classification:	Strategic Buyer Acquisitions Public Company - Recommended Offer	Lawyer	Arndt Stengel

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers