March 22 2010 – Freshfields advises Kabel Deutschland on €800m IPOInternational law firm Freshfields Bruckhaus Deringer LLP has advised Kabel Deutschland Holding AG on its successful initial public offering on the Frankfurt stock exchange.
On its first trading day, the opening share price was €22.50 while the issuing volume amounted to €759 million.
Rick van Aerssen, Freshfields partner in the Munich office, commented: ‘This has been the largest IPO in Germany in the last two years and indicates a return of confidence in the capital markets.’
‘Our enlarged Munich team, after advising on the complex refinancing of Infineon, has again successfully proved its expertise in a demanding capital markets transaction’, Rick van Aerssen added.
The Freshfields team comprised corporate and finance partner, Rick van Aerssen, Dr. Ferdinand Fromholzer (corporate partner), Dr. Adalbert Rödding (tax partner), Klaus Beucher (IP/IT partner), Dr. Thomas Müller-Bonanni (EPB partner), Mark Strauch (corporate partner), and also included René Peres (corporate associate), Dr. Moritz Voges, Christiane Fabel (both corporate associates) Silke Beiter, Dr. Heiner Feldhaus (both corporate principal associates), Franziska Bühring (tax associate), Florian Kockentiedt (IP/IT associate) and Dr. Alice Nieroba (EPB associate).