Slaughter and May is advising innogy on the merger of Npower with SSE’s domestic retail operations in Great Britain to form a major, independent British retail energy company.  Following completion, innogy will own 34.4 per cent and SSE shareholders will hold 65.6 per cent of the combined retail company, which will be listed on the London Stock Exchange.

The transaction is subject to the approval of the supervisory board of innogy and of SSE’s shareholders, as well as approval by competition and regulatory authorities.

Slaughter and May is supporting innogy’s in-house legal team, led by Claudia Mayfeld (General Counsel), Tobias Bage (M&A) and Malte Abel (Competition).  Slaughter and May is working as an integrated team with Hengeler Mueller.

Contacts

Corporate and Commercial: Richard Smith (partner), Tim Boxell (partner), Alexander Dustan (associate), Anthony Doolittle (associate), Heather Fleming (associate), Katharina Hesse (visiting lawyer), Ed Weston (associate), Matthew Triggs (associate), Richard Bach (trainee), Olivia Hosker (trainee), Oliver Denne (trainee); Competition: Lisa Wright (partner), Christopher Wright (special advisor), Kate Houston (associate), Florian von Schreitter (visiting lawyer), Andrew Gilbert (associate), Luke Hazelden (associate), Ben Plant (associate), Molly Whitehall (trainee), Serena Coulson (trainee), Christina Sweeney-Baird (trainee);  Pensions and Employment: Charles Cameron (partner), Padraig Cronin (partner), Daniel Schaffer (partner), David Rintoul (associate), George Carr (associate), Adam van Schaik (trainee); Financing: Ed Fife (partner), Alexander Short (associate); Real Estate: Sam Brady (senior counsel), Paul Roberton (associate); IP/IT: Rob Sumroy (partner), Oliver Howley (associate), Harry Vanner (associate); Tax: Gareth Miles (partner), Ed Milliner (associate), Kyle O’Sullivan (associate); Financial Regulation: Nick Bonsall (partner), Chris Hurn (associate)

Hengeler Mueller: Andreas Austmann (Partner), Thomas Meurer (Partner)