Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have landed roles on German real estate group LEG's initial public offering (IPO), expected to raise up to €1bn (£838m). The listing on the Frankfurt Stock Exchange is due to take place in early February, and is expected to value the Duesseldorf-based housing company at more than €2bn (£1.7bn), according to market analysts.
January 24, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have landed roles on German real estate group LEG’s initial public offering (IPO), expected to raise in excess of €1bn (£838m).
The listing on the Frankfurt Stock Exchange is due to take place in early February, and is expected to value the Duesseldorf-based housing company at more than €2.5bn (£2.1bn), according to market analysts.
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