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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.
Financial Center: Munich Value: 100.01-500.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: Germany Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Norbert Rieger