In a challenging environment, Metzler Corporate Finance successfully advised infrastructure investor First State Investments on the acquisition of 45.8% of the shares in MVV Energie AG. First State Investments initially secured 45.1% of shares from existing shareholders EnBW and RheinEnergie. In connection with this, the company was required by German takeover law to submit a public tender offer for the remaining shares in MVV. In total, approximately 0.7% of the shares were tendered to First State in connection with the takeover offer. This marked the conclusion of one of the largest M&A transactions this year.
For more information, please see the MVV AG press release .