Hengeler Mueller advises on the IPO of IONOS Group

Hengeler Mueller advises on the IPO of IONOS Group

United Internet AG and WP XII Venture Holdings II SCSp, a subsidiary of Warburg Pincus, are the shareholders of IONOS Group SE (75.1% and 24.9%, respectively). On 27 January 2023, United Internet AG and WP XII Venture Holdings II SCSp, a subsidiary of Warburg Pincus, established the framework for the anticipated initial public offering of IONOS Group SE and the admission of its shares to trading on the regulated market of (Prime Standard). The pricing range for IONOS shares has been determined to be between 18.50 and 22.00 EUR per share.

Partner Alexander G. Rang

United Internet and Warburg Pincus are each offering 15% of their respective holdings, in addition to overallotment and greenshoe shares. Depending on the final offer price and assuming placement of all offered shares (including the greenshoe), the IPO’s total gross proceeds might range between 447 and 543 million euros. On February 7, 2023, the final offer price and allocation of the offered shares are anticipated to be determined. The inaugural trading day is anticipated to occur on February 8, 2023.

Partner Daniela Favoccia

Hengeler is the issuer’s (IPO/capital markets and corporate) and United Internet’s (corporate/M&A) legal counsel. Partners Alexander Rang (Capital Markets) and Daniela Favoccia (Corporate/M&A, both Frankfurt) lead the team, which also includes partner Vera Jungkind (Public Law/Regulatory, Dusseldorf), counsel Cecilia Di Ció (Frankfurt) and Caspar Haarmann (Dusseldorf, both Capital Markets), Christoph Roggemann (Capital Markets/M&A), Julia Tittel (Corporate, both Frankfurt), Alexander Berkle (Capital Markets/Corporate), Philipp Pauschinger (both Berlin), Jennifer Zimmermann (Frankfurt, both Capital Markets), Michael Schramm, Sandra Plötz (both Public Law/Regulatory, Dusseldorf).

For detailed information, please see the original article.

Please read the original article here.

Pictures (c): hengeler-news.com

More news

Trending news

Lawyer Dr Andreas Eustacchio has provided legal advice to ARGE Energy Königskreuz on their first cooperation in the context of
Paul, Weiss, Rifkind, Wharton & Garrison LLP has announced the addition of Maria-Leticia Ossa Daza as a partner in their
Allen & Overy (A&O) and Shearman & Sterling (Shearman) have announced the first partner promotions for their soon-to-be merged entity,
Andrew Johnston Andrew Johnston, Managing Partner Addleshaw Goddard is expanding its global presence by opening a new office in Madrid, led
AGM proudly announces the addition of Vanesa Alarcón Caparrós as a partner, who will lead the newly established Technology, Media,