Baader Bank Squeeze-out of IKB Deutsche Industriebank AG
Baker McKenzie advised Baader Bank AG on the squeeze-out of the minority shareholders of IKB Deutsche Industriebank AG. The shareholders' meeting of IKB Deutsche Industriebank AG approved the squeeze-out request from LSF6 Europe Financial Holdings, a subsidiary of the US financial investor Lonestar.
Baader Bank AG acted as the processing bank of the major shareholder in the squeeze-out and issued the warranty declaration required pursuant to section 327b para. 3 German Stock Corporation Act (AktG). Baker McKenzie advised on all stock and capital market issues.