Ashurst is pleased to announce that it has successfully advised FNZ Bank SE on the integration of the banking business of their affiliate, Fondsdepot Bank GmbH. This significant transaction was executed through a demerger of Fondsdepot Bank's banking-related assets and liabilities into FNZ Bank SE.
FNZ Bank SE has acquired Fondsdepot Bank's entire banking business by way of universal succession, effected via a demerger pursuant to German transformation law. The primary objective of this transaction was to consolidate FNZ Group's banking business in Germany under FNZ Bank SE, while retaining only the regulatory liability umbrella (Haftungsdach) business within Fondsdepot Bank.
The Ashurst team was led by Prof Dr Florian Drinhausen and was supported by Astrid Keinath (Counsel) and Quynh Anh Le (Senior Associate, all Corporate, all Frankfurt). The team also included Detmar Loff (Partner), Tobias Bauerfeind (Senior Associate) and Cornelius Hille (Associate, all Finance Regulatory, all Frankfurt) and Andreas Mauroschat (Partner, Employment, Frankfurt).
This transaction underscores Ashurst's expertise in complex corporate transactions and regulatory matters, further solidifying our position as a leading advisor in the financial services sector.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).
