Led by their Frankfurt-based Partner Michael Schlitt and Counsel Susanne Lenz, Hogan Lovells advised Deutsche Telekom AG on the placement of approx. 10.0 Million Scout24 AG shares.

Deutsche Telekom placed the shares together with German BMEP Ord GmbH & Co. KG and MEP Ord GmbH & Co. KG in the course of an accelerated bookbuilding procedure at a price of 32.20 € per share with investors. This placement increased Scout24's free float since their flotation on the stock market.

Hogan Lovells team for Deutsche Telekom AG

Prof. Dr. Michael Schlitt (Partner), Dr. Susanne Lenz (Counsel), Nona Naydenova (Business Lawyer (Uni.)), Garrett Gunchick (Foreign Associate, Capital Markets, Frankfurt).