Oddo & Cie, Paris, a leading independent broker on French midcaps, is acquiring Close Brothers Seydler Bank AG, Frankfurt am Main, from the London-based Close Brothers Group Plc. The future company will take the name of Oddo Seydler. The transaction is subject to approval by the relevant regulatory authorities.

Hengeler Mueller advised Oddo on this transaction. The Hengeler Mueller team included partners Klaus-Dieter Stephan, Peter Weyland (both Corporate), Hendrik Haag (Banking/Regulatory),Hendrik Bockenheimer (Employment),Martin Klein (Tax) (all Frankfurt) and Alf-Henrik Bischke (Competition, Dusseldorf) as well as associates Tim Schlosser, Johannes Baumann, Michael Born (all Corporate), Andreas Lischka, Julia Rost (both Banking/Regulatory), Gunther Wagner(Tax), Christian Hauber (Employment) (all Frankfurt) and Christoph Wilken (Competition, Dusseldorf).