|
Hengeler Mueller
Hengeler Mueller is a German law firm of about 320 lawyers. The firm maintains offices in Berlin, Düsseldorf, Frankfurt am Main, Munich, Brussels and London. The firm was created in 1990 when Hengeler Kurth Wirtz (founded 1901 in Düsseldorf) and Mueller Weitzel Weisner (founded 1947 in Frankfurt) merged. It has been recognized in the top tier of firms in the fields of mergers & acquisitions, capital markets, finance, private equity and structured finance, particularly in synthetic securitization. The firm maintains strong ties with Slaughter and May (United Kingdom), Bonelli Erede Pappalardo (Italy), Bredin Prat (France), De Brauw Blackstone Westbroek (the Netherlands) and Uría Menéndez (Spain). Notable mandates *First ever public takeover bid in Germany, advising Texaco on the acquisition of Deutsche Erdöl-Aktiengesellschaft (1966).. *Represented Deutsche Telekom in its €5.5 billion disposal of cable regions to US-based Liberty Media. *Local counsel to Kohlberg Kravis Rober ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Düsseldorf
Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state and the seventh-largest city in Germany, with a population of 617,280. Düsseldorf is located at the confluence of two rivers: the Rhine and the Düssel, a small tributary. The ''-dorf'' suffix means "village" in German (English cognate: ''thorp''); its use is unusual for a settlement as large as Düsseldorf. Most of the city lies on the right bank of the Rhine. Düsseldorf lies in the centre of both the Rhine-Ruhr and the Rhineland Metropolitan Region. It neighbours the Cologne Bonn Region to the south and the Ruhr to the north. It is the largest city in the German Low Franconian dialect area (closely related to Dutch). Mercer's 2012 Quality of Living survey ranked Düsseldorf the sixth most livable city in the world. Düsse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitization
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS). The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non- stationary due to changes in volatility that are time- and stru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Issuer
Issuer is a legal entity that develops, registers, and sells securities for the purpose of financing its operations. Issuers may be governments, corporations, or investment trusts. Issuers are legally responsible for the obligations of the issue, and for reporting financial conditions, material developments, and any other operational activities as required by the regulations of their jurisdictions. The most common types of securities issued are equities: common and preferred stocks, and debt: bonds, notes, debentures, and bills. In the United States, the term "issuer" is defined by Section 2(4) of the Securities Act of 1933 as follows: The term "issuer" means every person who issues or proposes to issue any security; except that with respect to certificates of deposit, voting-trust certificates, or collateral-trust certificates, or with respect to certificates of interest or shares in an unincorporated investment trust not having a board of directors (or persons performing s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. , the firm had completed more than 650 private equity investments in portfolio companies with approximately $675 billion of total enterprise value. , assets under management ("AUM") and fee paying assets under management ("FPAUM") were $471 billion and $357 billion, respectively. The firm was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberty Media
Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company controlled by chairman John C. Malone. The company has three divisions, reflecting the company's ownership stakes in Formula One, SiriusXM, and the Atlanta Braves Major League Baseball team. History The 1990s Liberty Media began in 1991 as a spin-off of TCI, an American cable-television group. Peter Barton, hired by TCI's Malone, served as president until retiring in April 1997. The company took over TCI assets considered to have little value, but Barton completed "a deal every ten days for six years" and made the company a big success. Liberty was merged back into TCI in the mid-1990s. On March 13, 1998, Liberty Media Group and TCI Group announced the merger of Encore and STARZ! into a single company—Encore Media Group, owned by Liberty. Encore was taking advantage of the growth of digital cable, while TCI, which had previously owned twenty percent of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Telekom
Deutsche Telekom AG (; short form often just Telekom, DTAG or DT; stylised as ·T·) is a German telecommunications company that is headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. Deutsche Telekom was formed in 1995 when Deutsche Bundespost (at that time a monopoly under state ownership) was privatized. Since then, Deutsche Telekom has featured among Fortune 500 companies, with its latest ranking at number 62 (in 2022). The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. As of April 2020, the German government holds a 14.5% stake in company stock directly, and another 17.4% through the government bank KfW. The company is a component of the EURO STOXX 50 stock market index. History The Deutsche Bundespost was the federal German government postal administration created in 1947 as a successor to the Reichspost. It was also the major telephone company in West Germany. On 1 July 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Erdöl-Aktiengesellschaft
DEA Deutsche Erdoel AG was an international oil and gas company headquartered in Hamburg, Germany. It was a subsidiary of L1 Energy. In 2018, DEA owned stakes in oil and gas licenses in various countries and operated natural gas underground storage facilities in Germany. DEA is a derivation from ''Deutsche Erdöl-Aktiengesellschaft'', the original name of the company. On 1 May 2019, DEA merged with Wintershall to form Wintershall Dea. History The early years ''Deutsche Tiefbohr-Actiengesellschaft'' was founded in Berlin on 10 January 1899. In 1900 the headquarter was relocated to Nordhausen.James, H.; Müller, M.L.; Historische Gesellschaft der Deutschen Bank e.V.: "Georg Solmssen - ein deutscher Bankier: Briefe aus einem halben Jahrhundert 1900-1956" (Georg Solmssen - a german banker: letters from half of a century 1900-1956), C.H.Beck, 31 May 2012, references. The new company specialised in all types of mineral oil product and, among other things, raw lignite, briquettes f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independent business, independent company until its refining operations merged into Chevron, at which time most of its station franchises were divested to Shell plc through Shell USA, its American division. Texaco began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, and Arnold Schlaet upon the discovery of oil at Spindletop. The Texas Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Texas Fuel Company. Men such as John W. ("Bet A Million") Gates invested in "certificates of interest" to an amount of almost ninety thousand dollars. Future restructurin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek N.V. is a Dutch law firm headquartered in Amsterdam with branch offices in Brussels, London, Shanghai and Singapore. The firm has 60 partners and 300 other qualified lawyers. The firm was founded in 1871. Areas of practice In 2018, Chambers & Partners ranked De Brauw top tier in twelve practice areas, which is the second highest of any Dutch firm. De Brauw's main practice areas are: *Arbitration *Capital Markets *Competition & Regulation *Construction *Corporate Advisory *Corporate Governance *Employment & Employee Benefits *Energy, Infrastructure & Environment *Finance & Restructuring *Financial Institutions *Financial Markets Regulation *Insolvency *Insurance *Intellectual Property *International trade *Investment Management *Litigation *Mergers & Acquisitions *Pensions *Privacy & Data Security *Private Equity *Real Estate *Regulatory & Criminal Enforcement *Supreme Court Litigation *Tax Recent deals and matters * SBM Offshore settles with Dutch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
