Schoenherr has advised Laakman Holding on the increase of its participation in the C-QUADRAT Investment fund company from 9.4% to 18.4%.
By means of the transaction, Laakman became core shareholder of C-QUADRAT. The increase of participation was effected through the acquisition of a shareholdings from Alexander Svoboda Privatstiftung, Christian Mayer Privatstiftung, Michael Neubauer Privatstiftung, and from other individuals, as well as the treasury shares of C-QUADRAT.
The transaction was completed on August 7 following the approval of the Austrian financial market authority.
The Schoenherr team consisted of Partner Christian Herbst and Attorney Maximilian Lang.
The sellers were represented by Hausmaninger Kletter Rechtsanwalte-Gesellschaft.