Munich \u2014 Life\u00ads\u00adpot Capi\u00adtal AG has acqui\u00adred Munich Hotel Part\u00adners GmbH with its asso\u00adcia\u00adted subsi\u00addia\u00adries (\u201cMHP Group\u201d) in a reverse IPO. With the acqui\u00adsi\u00adtion, Life\u00ads\u00adpot Capi\u00adtal AG, which is listed on the Munich Stock Exch\u00adange, will incre\u00adasingly focus its busi\u00adness on the MHP Group, one of Germany\u2019s leading hotel provi\u00adders, in the future and thus support the growth of the MHP Group in the wake of the openings follo\u00adwing the COVID 19 pande\u00admic. Life\u00ads\u00adpot Capi\u00adtal AG was advi\u00adsed on this tran\u00adsac\u00adtion by Heuking K\u00fchn L\u00fcer Wojtek under the lead of Part\u00adner Boris D\u00fcrr.<\/p>\n
Based on an equity value of appro\u00adxi\u00adm\u00adately EUR 59 million, the exis\u00adting share\u00adhol\u00adders will receive a conside\u00adra\u00adtion in the form of a cash compo\u00adnent of EUR 6 million and a share compo\u00adnent of an expec\u00adted 33,125,000 new shares in Life\u00ads\u00adpot Capi\u00adtal AG in accordance with the contrac\u00adtual agree\u00adment reached and will thus retain a signi\u00adfi\u00adcant indi\u00adrect inte\u00adrest in Munich Hotel Part\u00adners GmbH. The share compo\u00adnent is to be gran\u00adted by way of a capi\u00adtal increase against contri\u00adbu\u00adti\u00adons in kind, on which the Annual Gene\u00adral Meeting of Life\u00ads\u00adpot Capi\u00adtal AG has yet to pass a reso\u00adlu\u00adtion. Life\u00ads\u00adpot Capi\u00adtal AG is plan\u00adning seve\u00adral cash and non-cash capi\u00adtal increa\u00adses to finance and execute the acquisition.<\/p>\n
The Heuking team provi\u00added compre\u00adhen\u00adsive advice to Life\u00ads\u00adpot Capi\u00adtal AG on all legal aspects of the tran\u00adsac\u00adtion, inclu\u00adding tran\u00adsac\u00adtion struc\u00adtu\u00adring, legal due dili\u00adgence, purchase agree\u00adment docu\u00admen\u00adta\u00adtion and also on the stock and capi\u00adtal market law measu\u00adres to imple\u00adment the transaction.<\/p>\n
The MHP Group is one of the leading German hotel provi\u00adders and has estab\u00adlished itself in the acqui\u00adsi\u00adtion of exis\u00adting upper-upmar\u00adket hotels. MHP curr\u00adently opera\u00adtes four Le M\u00e9ri\u00addien brand hotels in Germany and Austria in Hamburg, Stutt\u00adgart, Munich and Vienna, as well as the Shera\u00adton D\u00fcssel\u00addorf Airport Hotel.<\/p>\n
Advi\u00adsors to Life\u00ads\u00adpot Capi\u00adtal AG: Heuking K\u00fchn L\u00fcer Wojtek Advi\u00adsor to the share\u00adhol\u00adders of Munich Hotel Part\u00adners: Henge\u00adler Mueller<\/strong> <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 Life\u00ads\u00adpot Capi\u00adtal AG has acqui\u00adred Munich Hotel Part\u00adners GmbH with its asso\u00adcia\u00adted subsi\u00addia\u00adries (\u201cMHP Group\u201d) in a reverse IPO. With the acqui\u00adsi\u00adtion, Life\u00ads\u00adpot Capi\u00adtal AG, which is listed on the Munich Stock Exch\u00adange, will incre\u00adasingly focus its busi\u00adness on the MHP Group, one of Germany\u2019s leading hotel provi\u00adders, in the future and thus [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1369,1371,1372],"tags":[],"class_list":["post-43516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-deals-en","category-consultant"],"yoast_head":"\n
\n<\/strong>
\nBoris D\u00fcrr (Lead Part\u00adner, Corporate\/M&A), Munich
\nDr. Chris\u00adtoph K\u00fcster (Corpo\u00adrate Law\/M&A),
\nDr. Ralf Nobis (Corpo\u00adrate Law\/M&A),
\nAstrid Well\u00adh\u00f6\u00adner, LL.M. Eur. (Labor Law),
\nStepha\u00adnie Wurm (Labor Law),
\nPeter M. Sch\u00e4ff\u00adler (Tax Law),
\nBettina Nehe\u00adi\u00adder (Public Sector and Procu\u00adre\u00adment), all Munich
\nChris\u00adtoph N\u00f6hles, LL.M. (Boston Univer\u00adsity), (Real Estate & Construction),
\nFabian Schmitz, (Real Estate & Cons\u00adtruc\u00adtion), both D\u00fcsseldorf<\/p>\n
\nThe part\u00adners Dr. Kai-Stef\u00adfen Scholz<\/strong> (lead, Corporate\/M&A, Berlin) and Dr. Markus Ernst (Tax, Munich) as well as the asso\u00adcia\u00adtes Dr. Ingo Berner, Niclas Bettien (both Corporate\/M&A, Berlin) and Dr. Tim W\u00fcrst\u00adlin (Tax, Munich) were active.<\/p>\n