Mergers and acquisitions in Germany

Abstract

This article gives a general overview of private and public mergers and acquisitions (MandA) deals under German law. The term MandA applies to all types of corporate acquisitions, including management buy-outs, joint ventures or public takeovers. Deals can be divided into two categories: private MandA deals, where the seller and the potential purchaser directly negotiate the transfer of the company, or (ii) public MandA deals, in which the a listed public company is acquired in accordance with the public takeover rules.