HeidelbergCement AG on 28 July 2015 announced the acquisition of 45% in Italcementi S.p.A. from Italmobiliare S.p.A. and a subsequent mandatory public offer to the remaining shareholders of Italcementi S.p.A. The acquisition is subject to, inter alia, approval by the competition authorities and is expected to take place during 2016.
The financing of the acquisition has been secured through a bridge financing provided by a bank consortium.
Hengeler Mueller advised HeidelbergCement on the financing. The Hengeler Mueller team was led by partner Johannes Tieves (Financing, Frankfurt).
Matter Type
Banking & Finance - Bank Lending/Credit Facilities
Industry
Manufacturing
News Category
Banking & Finance