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JUVE Rechtsmarkt Oktober 2019Pool binding as a move – BFW advises Metro’s Supervisory Board

JUVE Rechtsmarkt Oktober 2019Pool binding as a move – BFW advises Metro’s Supervisory Board

Czech investor Daniel Kretinsky’s takeover bid for Metro has failed […]

Advisors of Metro’s Supervisory Board
Berner Fleck Wettich (Duesseldorf): Dr. Carsten Wettich, Dr. Olaf Berner (both Corporat/M&A)

Background:

The successful defence against the takeover bid is attributable to several parties – whereby the Hengeler tandem Schapmann and Austmann, which Metro has been advising for a long time, probably made a major contribution. It is reported that the joint statement was prepared in close consultation with the legal department headed by General Counsel and the corporate boutique Berner Fleck Wettich, which was mandated by the Supervisory Board after a pitch.

Read the complete press release (in German) here.