Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 29-05-2020 | Practice Area: | Equity Capital Markets |
| Deal Title: | Siemens Energy Spin-Off Listing on the Frankfurt Stock Exchange | Industry: | Industrial Engineering |
| Description: |
Latham and Watkins LLP advised the banking consortium on the planned listing of the Energy Division of Siemens AG on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The completion of the spin-off and the listing of the new Siemens Energy was planned for September 2020.
Siemens AG retained 45 percent of the shares, 9.9 percent of Siemens Energy was tol be invested in the company's pension fund and 55 percent of Siemens Energy was to be spun off to Siemens shareholders.
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| Financial Center: | Frankfurt | Value: | 0.00-0.00 |
| Advised Party: | Lead Managers | Law Firm | Latham & Watkins |
| Issuer Jurisdiction- | Germany | Listing Jurisdiction- | Germany |
| Classification: |
Initial Public Offerings Frankfurt Stock Exchange: Prime Standard |
Lawyer | Oliver Sellers |
