Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 23-12-2015 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Sberbank Finance for Renova Acquisition of Sulzer | Industry: | General Industrials |
| Description: |
Allen and Overy advised Sberbank CIB as arranger in relation to the USD2.5 billion financing of Renova Group's mandatory tender offer to all shareholders of Sulzer AG. Pursuant to the offer, on 4 December 2015, Renova Group acquired shares in Sulzer representing 29.5% of the ordinary issued share capital of the company. As a result of the offer, when combined with Renova Group's existing holding of Sulzer shares, Renova Group acquired majority control of the company, holding 62.86%.
|
||
| Financial Center: | Moscow | Value: | 1000.01-5000.00 |
| Advised Party: | Lender | Law Firm | Allen & Overy |
| Borrower Jurisdiction: | Russian Federation | Lender Jurisdiction: | Russian Federation |
| Classification: |
Acquisition Finance Public Company Acquisition |
Lawyer | Stephen Matthews |
