Hengeler Mueller advises GE Aviation on take - over of SLM
GE Germany Holdings AG, a subsidiary of General Electric Company, acting through its operating unit GE Aviation, announced the signing of a business combination agreement with SLM Solutions Group AG, Lübeck, on September 6, 2016. GE intends to submit to the shareholders a voluntary public takeover offer at a price of EUR 38 , which values the company at EUR 683 million. The bidder h as signed purchase agreements with shareholders representing 31.5 per cent of the shareholding.