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Luther advises BidFair on its $3.7bn acquisition of Sotheby’s

 

Luxembourg - Luther Luxembourg advised BidFair, a company wholly owned by the media and telecom entrepreneur Patrick Drahi, on its $3.7bn acquisition of international auction house Sotheby’s. Luther

 

Luther advises municipal utilities on founding an alliance

 

With 75,000 customers, nearly 500 employees and a total turnover of EUR 180 million, Stadtwerke SH will be a medium-sized, powerful municipal utility. The cooperation company sees itself as a service

 

Luther advises insolvent Klinikum Burgenlandkreis on takeover by SRH Kliniken

 

Klinikum Burgenlandkreis GmbH is an academic teaching hospital of the University Hospital Jena and the University of Leipzig and employs approximately 1,500 people. The company went into insolvency

 

Luther Advises City of Jena on New Stadium Construction

 

The investor is taking over the planning and construction of the sports facility in Ernst-Abbe-Sportfeld-Jena and will operate it for 25 years in a joint operating company with the City of Jena. The

 

Luther Advises on the Sale of Meat and Frozen Food Manufacturer GETI WILBA

 

GETI WILBA, with a turnover of EUR 85 million (in 2019), had filed for insolvency in mid-February 2020 due to expiring credit lines. As part of a transferred restructuring, the company was sold to

 

Luther advises family-run business on sale

 

The partners of Westbomke GmbH & Co. KG sold their interests as part of a share deal to  Krome GmbH, a company which has a long tradition in the bakery business. The transaction also

 

Luther advises Nordex SE on capital increase

 

The wind turbine manufacturer resolved to carry out a capital increase from authorised capital and issue 10,668,068 new shares. In an accelerated book-building procedure, the new shares were offered

 

Town of Delmenhorst acquires land to develop new parts of the town

 

The Town of Delmenhorst, advised comprehensively by Luther Rechtsanwaltsgesellschaft mbH, acquired the two plots in two separate, complex procedures. The former HERTIE property was acquired from a

 

Luther advises BGE on the retrieval of radioactive waste from the Asse II shaft mine

 

According to the German Atomic Energy Act (Sec. 57b), BGE is legally obliged to retrieve the radioactive waste from Asse (a shaft mine near Wolfenbüttel in Lower Saxony, Germany). It concerns more

 

Luther advises management buyout: Crealogix, a Swiss banking software group, outsources part of its service business in Germany

 

Crealogix will focus on its core business and provide software services in the data cloud (Software as a Service - SaaS) in future and, therefore, has decided to outsource the service division BaaS

 
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