Freshfields advises HOCHTIEF on Thiess' public takeover offer for MACA
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has advised HOCHTIEF Aktiengesellschaft on the public takeover offer of Thiess, a 50 per cent owned subsidiary of HOCHTIEF, for Australian mining services provider MACA Ltd.
Through the acquisition of MACA, Thiess, one of the largest global mining service providers, jointly owned by HOCHTIEF's Australian subsidiary CIMIC Group Ltd. and financial investor Elliott, adds iron ore and gold mining activities to its portfolio, thereby also improving its ESG profile, among other things, by reducing the share of coal mining activities in Thiess' business.
The Freshfields team comprised Partner Kai Hasselbach, Principal Associate Simon Stepper (both Munich) and Associate Daniel Vogt (Düsseldorf, all M&A/Corporate). HOCHTIEF was advised in-house by Georg von Bronk (Head of Corporate Governance) and David Deutsch (Head of Corporate Department Legal).