EP Global Commerce’s €3.1 Billion Takeover Offer for Metro

EP Global Commerce's €3.1 Billion Takeover Offer for Metro

Kirkland & Ellis advised EP Global Commerce on the deal.

EP Global Commerce executed a multibillion euro voluntary public takeover offer to the shareholders of METRO AG for the acquisition of all non-par value ordinary and preference shares.

METRO Group is a German global diversified retail and wholesale cash and carry group based in Düsseldorf.

EP Global Commerce (EPGC) is an acquisition vehicle controlled by Daniel Kretínský, who owns 53%, and is acting in concert with Patrik Tkác, who owns 47%. The company was founded in April 2016 and is based in Prague. At present, EPGC indirectly holds 29.99% of the ordinary shares and voting rights of METRO AG.

The Kirkland team advising EP Global Commerce was led by transactional partners Achim Herfs (Picture) and Ben Leyendecker and associate Christoph Jerger in Munich and debt finance partners Neel Sachdev and Daniel Borg and associate Stefan Arnold-Soulby in London.

Involved fees earner: Stefan Arnold-Soulby – Kirkland & Ellis; Daniel Borg – Kirkland & Ellis; Achim Herfs – Kirkland & Ellis; Christoph Jerger – Kirkland & Ellis; Benjamin Leyendecker – Kirkland & Ellis; Neel Sachdev – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: EP Global Commerce GmbH ;