As of 1 January 2011, DekaBank Deutsche Girozentrale Luxembourg S.A. will take over LBBW Luxembourg S.A.’s private banking business. DekaBank won an auction following Landesbank Baden-Württemberg’s (LBBW) invitation to tender for its Luxembourg private banking business. The sale was due to respective requirements imposed by the European Commission.
A Linklaters team led by Dr Wolfgang Krauel (corporate/M&A, Munich) and Dr Rainer Stadler (tax, Munich) provided LBBW with comprehensive advice on the transaction.
The team also included Dr Timo Engelhardt, Beate Stüve-Brammen (both corporate/M&A, Munich), Dr Jann Iv Jetter, Dr Martin Lausterer, Dr Christoph Götz, Steffen Hattler (all tax, Munich), Dr Stephan Balthasar (litigation, Munich), Wulf Kring (tax, Frankfurt), Dr Christian Hey (TMT, Frankfurt), Tom Loesch, Manfred Müller, Carolin Weirauch, Michael Jonas (all corporate/M&A, Luxembourg), René Diederich, Sandra Rapp (both employment, Luxembourg), Paul Tulcinsky, Jean Yves Lhommel, Rachel Blaise (all tax Luxembourg), Hermann Beythan, Nicki Kayser, Xenia Thomamüller, Silke Bernard-Alps, David Heinen (all IMG practice, Luxembourg), Janine Biver, Anna Christina Görgen (both banking & capital markets, Luxembourg) and Olivier Reisch (litigation, Luxembourg).
