A consortium of private equity funds managed by Oaktree Capital Management, L.P. and CURA Vermögensverwaltung, the family office of the Otto family and parent company of ECE Group, through Hercules BidCo GmbH which will be controlled by the consortium, announced its decision to make a voluntary public takeover offer for all shares of Deutsche EuroShop AG. Deutsche EuroShop is a major shopping centre investor that owns a portfolio of 21 centres in locations across Germany as well as Central and Eastern Europe.
Hengeler Mueller advises the bidder on the transaction. The team is led by partners Emanuel Strehle (Munich) and Lucina Berger (Frankfurt) (both M&A/Corporate) and includes partners Daniel Möritz (Munich), Bernd Wirbel (Düsseldorf) (both M&A), Nikolaus Vieten (Financing, Frankfurt), Thorsten Mäger (Antitrust, Düsseldorf) and Markus Ernst (Tax, Munich), counsel Matthias Cloppenburg (Corporate/M&A, Düsseldorf) as well as associates Oda Goetzke (Düsseldorf), Ingo Berner, Florian Dendl, (both Munich), Marika Öry, Helena Cameron (both Frankfurt) (all M&A), Sara Jungewelter (Antitrust, Düsseldorf), Tom Shingler (Financing, Frankfurt) and Carina Kämpf (Tax, Munich).