Hogan Lovells advised Deutsche Telekom AG on the placement of 1.8m Scout24 AG shares.
Deutsche Telekom placed the shares together with Willis Lux Holdings 2 S.à r.l. in liquidation, German BMEP Ord GmbH & Co. KG und MEP Ord GmbH & Co. KG in the course of an accelerated bookbuilding procedure at a price of 32 € per share with investors. This placement increased Scout24’s free float since their flotation on the stock market.
Hogan Lovells has advised Deutsche Telekom AG with a team including Michael Schlitt (Picture), Dr. Susanne Lenz (counsel), Sebastian Seibold (associate), Stefan Reitemeyer (associate, Capital Markets, Frankfurt), John Basnage (partner) and Mary Ma (associate, US-Law, London).
Involved fees earner: Michael Schlitt – Hogan Lovells; Susanne Lenz – Hogan Lovells; Sebastian Seibold – Hogan Lovells; Stefan Reitemeyer – Hogan Lovells; John Basnage – Hogan Lovells; Mary Ma – Hogan Lovells;
Law Firms: Hogan Lovells;
Clients: Deutsche Telekom;