Sino-German Ecopark Handels- und Beratungs GmbH acquired 28.16% stake in German Brokers AG (DB:GEB) from Gerd Nitschmann, Hans Nitschmann, Heiko Lantzsch, Jürgen Ruchti, MatGa Beteiligungs GmbH, Frank Rost and Ingolf Bendrich for 0.2 million.
May 05, 2015 at 12:00 am EDT
Sino-German Ecopark Handels- und Beratungs GmbH acquired 28.16% stake in German Brokers AG (DB:GEB) from Gerd Nitschmann, Hans Nitschmann, Heiko Lantzsch, Jürgen Ruchti, MatGa Beteiligungs GmbH, Frank Rost and Ingolf Bendrich for 0.2 million on May 5, 2015. In addition, Sino-German Ecopark would receive a contractual call option to acquire from the sellers a further equity stake corresponding to 19.23% at the price of 0.13 million or to require the transfer of this equity stake to a third party designated by it. The option can be exercised until eight months after the completion of the purchase agreement. Julian Lemor, Sandra Link, Michiel Huizinga, Miriam Gyun-Mie Meixner, Marc Stock, Xin Li, Guiying Guo, Zhijing Yu, Markus Hill and Sebastian Matenaer of King & Wood Mallesons acted as legal advisors for Sino-German Ecopark Handels- und Beratungs GmbH
Sino-German Ecopark Handels- und Beratungs GmbH completed the acquisition of 28.16% stake in German Brokers AG (DB:GEB) from Gerd Nitschmann, Hans Nitschmann, Heiko Lantzsch, Jürgen Ruchti, MatGa Beteiligungs GmbH, Frank Rost and Ingolf Bendrich on May 5, 2015.