News
Freshfields advises Continental AG on creating new holding structure
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) advises Continental AG on one of the largest organisational changes in the company’s history. As a result a new holding structure of the German technology corporation will be created under the new “Continental Group” umbrella brand. It will be supported by three “group sectors,” namely “Continental Rubber,” “Continental Automotive” and “Powertrain.” "Powertrain” will be transformed into an independent legal entity under a new name by the beginning of 2019. Its partial initial public offering (IPO) is expected starting mid-2019.Freshfields is advising on corporate law and capital markets aspects of this matter and is coordinating the global support for the carve-out and the transforming of the “Powertrain” division into an independent legal entity.
The Freshfields team is led by Christoph H. Seibt and includes further Jakob Fontaine, Karsten Krumm, Gerrit Bulgrin, Benedikt Zimmerningkat (all corporate/M&A), Jochen Dieselhorst, Philipp Dohnke (IP), Christian Ruoff, Norbert Schneider, Philipp Redeker (tax) and Klaus-Stefan Hohenstatt (employment).
ENDS
Notes for editors
About Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.