Hengeler Mueller advised on the privatisation of HSH Nordbank. Since November 28, 2018, the new shareholders are funds affiliated with Cerberus Capital Management, J.C. Flowers & Co., GoldenTree Asset Management and Centaurus Capital as well as BAWAG P.S.K. Previously controlled by the federal states of Hamburg and Schleswig-Holstein, the acquisition of the bank constitutes the first privatisation of a German Landesbank.
Hengeler Mueller acts as counsel to Cerberus Capital Management on the transaction. The team consists of partners Dirk Bliesener, Johannes Adolff (both Banking and Corporate/M&A), Lucina Berger (Corporate) and Christian Hoefs (Employment), counsel Christian Häußer (Employment) as well as associates Jan Letto Steffen (Banking), Caspar Schmelzer (Corporate/M&A), Caspar Haarmann (Corporate/M&A) and Maximilian Alter (Banking) (all Frankfurt).
