Firms cash in on $1.64bn cross-border sell-off by engineering giant
November 18, 2002 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Top European firms Hengeler Mueller and Uria & Menendez have won leading roles on the $1.64bn cross-border sale of seven of Siemens’ businesses to US private equity house Kohlberg Kravis Roberts (KKR).
The acquisition saw KKR buy Mannesmann Plastics Machinery; gas spring producers Stabilus; harbour crane unit Gottwald; Siemens’ Power Transmission and Distribution Group; the ceramics division of Power Generation Group; and Network Systems.
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