Overview
Duesseldorf, March 19, 2024 – International law firm McDermott Will & Emery has advised INDUS Holding AG on its public share buyback offer for the repurchase of 1.1 million shares.
Founded in 1989, INDUS is a leader in the sustainable, long-term investment and development of industrial technology companies in the German-speaking small and midsize enterprise sector.
McDermott advised INDUS on the preparation of the buyback offer, including capital markets and corporate law aspects. The offer was accepted for the maximum number of shares, resulting in INDUS now holding app. 4% of its share capital as treasury stock.
The McDermott team comprised Dr. Philipp Grenzebach (Corporate/M&A, Düsseldorf), Dr. Felix Ganzer (Capital Markets/Corporate, Frankfurt am Main) and Annabelle Rau (Corporate/Capital Markets, Cologne).
