Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 08-02-2016 | Practice Area: | Corporate and M&A |
Deal Title: | Bilfinger Sale of Water Technologies Division | Industry: | Gas, Water & Multiutilities |
Description: |
Milbank, Tweed, Hadley and McCloy LLP advised the engineering and services group Bilfinger on the sale of its Water Technologies division. The buyer was the Chinese company Chengdu Techcent Environment Group, which had been active in the water technology sector for many years. Bilfinger's net proceeds from the sale were expected to amount to approximately 200 million euros.
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Financial Center: | Munich | Value: | 100.01-500.00 |
Advised Party: | Vendor | Law Firm | Milbank |
Target Company Jurisdiction: | Germany | Acquiror Jurisdiction: | China |
Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Norbert Rieger |