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Deal Date: 26-06-2015 Practice Area: Corporate and M&A
Deal Title: ProSiebenSat.1 Media Acquisition of Verivox Stake Industry: Media
Description:
Milbank, Tweed, Hadley and McCloy LLP advised ProSiebenSat.1 Media AG on the acquisition of a majority stake in Verivox, Germany's largest independent consumer portal for energy. ProSiebenSat.1 acquired 80 percent of the shares in Verivox for a purchase price of up to 170 million euros. The former owners under the leadership of Oakley Capital continued to hold a minority interest in the company. Martin Erhardt.
Financial Center: Munich Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Germany Acquiror Jurisdiction: Germany
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Martin Erhardt