The business combination agreement between VIB Vermögen AG and DIC Group shall lay the foundation for the future cooperation between the two groups of companies. The objective of the agreement is to increase the long-term value of DIC Group and VIB Vermögen AG as well as to improve their competitive position.
The negotiation of the business combination agreement was preceded by a voluntary partial public tender offer from DIC Group, which valued VIB Vermögen AG at around EUR 1.4 billion. In connection with this partial tender offer, DIC Group was able to acquire the majority of shares in VIB Vermögen AG. Schilling, Zutt & Anschütz also provided comprehensive legal advice to VIB Vermögen AG in connection with the partial tender offer.
VIB Vermögen AG develops, buys and holds commercial properties, primarily in the high-growth regions of Southern Germany and with a focus on logistics and light-industrial real estate. VIB’s shares are included in trading on the open market of the Munich Stock Exchange (m:access) and the open market of the Frankfurt Stock Exchange
DIC Asset AG is a German listed commercial real estate specialist. It has been listed in the SDAX since 2006.
The Schilling, Zutt & Anschütz team comprised Dr Max Hirschberger, LL.M. (U.o.M., Ann Arbor) (Co-Lead, Corporate/M&A, Munich), Dr Martin Gross-Langenhoff, LL.M. (Yale) (Co-Lead, Capital Markets/M&A, Munich), Dr Christoph Allmendinger, LL.M. (LSE) (M&A/Real Estate, Munich/Frankfurt), Christian Gehling, Dr Jonas Fischbach, Dr Cäcilie Lüneborg (all Corporate, Frankfurt), Katharina Steinbrück, LL.M. (U.C. Lan) (HR, Frankfurt), Dr Stefan Zeyher, M.B.L.-HSG, Dr Philipp Rüppell (all Litigation, Munich); Jan Friedrichson, Maximilian Mersch, LL.M. (Nottingham), Dr Michael Cohen, Dr Alexia Wahl, Dr Alexander Seyb, Dr Thomas Poschenrieder, Maike Dickmann, Jianyi Wang, Florian Knerr, LL.M. (Virginia) (all Corporate/M&A, Frankfurt, Mannheim, Munich and Brussels), Dr Matthias Heusel, Joachim Nerz, Phillip Kablitz, Dr Viktoria Winde, LL.M. (Paris I) (Capital Markets, Frankfurt and Mannheim), Alexander Stolz, LL.M. (Dresden/Exeter) (Commercial, Mannheim), Isabell Fischer, Leopold von Buttlar (all Litigation, Munich), Dr Stephanie Birmanns (Antitrust, Brussels), Dr Rolf Schmich (Tax, Mannheim).
SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft mbH
Schilling, Zutt & Anschütz has been one of the most respected German business law firms for almost one century. With approximately 120 lawyers and offices in Frankfurt, Mannheim, Munich, and Brussels, the firm advises national and international clients on complex legal issues arising in business.