Freshfields, Hengeler and Others Advise on Listing of Siemens Energy Spinoff
Freshfields advised Siemens Energy, and Hengeler advised Siemens on one of the biggest German IPO's this year.
May 29, 2020 at 04:00 AM
2 minute read
Freshfields Bruckhaus Deringer, Hengeler Mueller, Latham & Watkins and Flick Gocke Schaumburg advised on a deal in which German industrial giant Siemens AG is spinning off its energy unit.
Freshfields advised Siemens Energy and Hengeler advised Siemens, while Latham advised the banking consortium and FGS advised Siemens on tax matters.
The spinoff has been valued by analysts at roughly €10 billion ($11 billion), according to Reuters.
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