We have special expertise in M&A transactions. Our attorneys have accompanied corporate acquisitions in the tourism, renewable energy and media sectors. The transaction volumes managed by our lawyers range from one million to 60 million euros.
We usually represent buyers or groups of investors, internationally operating companies and groups on the buy side. We work with the M&A department of the company or the group as well as with the world’s leading law firms for multinational deals. Thanks to our in-depth knowledge of the industry, we are familiar with common business models and economic backgrounds. We convey our country’s special features to our clients.
Our consulting services include both legal and strategic aspects. We put together our project team for the respective transaction. If requested by the seller or necessary for the closing, we draw up the contracts in two languages.
In ongoing, close cooperation with our client, we design or adapt the offer (binding or non-binding) if necessary. Write the letter of intent and review the non-disclosure agreement. Conduct the legal due diligence and compile the red flag report and the final report, depending on the client’s wishes, in German or English.
At the same time, we draft the sales contract, include preliminary results from the DD as CPs, representations, warranties or indemnifications and support our clients in the contract negotiations. If the outcome is successful, we prepare signing and closing and, if necessary, prepare applications with the Greek antitrust authority.
The Greek privatization fund, HRADF (Hellenic Republic Asset Development Fund), was established during the state debt crisis in 2011 with the aim of selling the Greek state’s assets to private investors. The assets are real estate (including some hotels, thermal springs etc.), infrastructure facilities (marinas, ports, airports, etc.), but also company shares and operating rights.
Before submitting an offer, a data room is set up and there is the option of carrying out a DD with a visit to the assets and Q&A session. Comments can be made about the purchase contract and partially accepted by the authority.
We have successfully submitted offer documents for clients.
If a company has stopped making payments, creditors who are entitled to at least 40% of the liabilities (a credit institution must also be a creditor) can apply for the special liquidation procedure in court. As a rule, an auditor is used as a special liquidator, who will continue to run the company with the aim of selling the company’s assets in a bidding process and satisfying the creditors from the proceeds.
As part of the bidding process, a data room is set up, a DD and an inspection can be carried out.
We also submitted offer documents for clients in the bidding process for special liquidations.
