Fellner Wratzfeld & Partner (fwp) shows its colours in the field of Corporate / M&A. Markus Fellner and his team demonstrate their excellent skills in providing legal support with regard to real estate and banking transactions. The shareholding of the UniCredit subsidiary Immobilien Holding GmbH in ARWAG Holding-Aktiengesellschaft will be transferred - after holding a bidding process - to the Fund for temporary housing in Vienna.
Established in 1971 with the purpose of offering advice and support to immigrants, the fund, nowadays called Fund for temporary housing in Vienna and a shareholder of ARWAG, exercised its pre-emptive right with regard to the shares held by Immobilien Holding GmbH. After the successful sale of the shares, the Fund for temporary housing in Vienna now has a shareholding of slightly less than 50% in ARWAG Holding-Aktiengesellschaft.
The deal has been concluded: The closing took place on 6 October 2020 after the approval of the anti-trust authority was obtained and following the signing on 17 June 2020. Markus Fellner and his team once again demonstrated assertiveness, flexibility and reliability in addition to their outstanding competence in the field of Corporate / M&A.
“I am very pleased that, together with my excellent team, we have found a solution our client, UniCredit subsidiary Immobilien Holding GmbH, is highly satisfied with. At fwp, we accept the challenge to prove our extensive expertise and flexibility especially in complex transactions.”