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fwp provides advice on takeover of Semper Constantia by Liechtensteinische Landesbank AG


(fwp) advised Semper Constantia Privatbank Aktiengesellschaft on the takeover of 100% of its share capital by Liechtensteinische Landesbank AG (LLB). Project signing was successfully completed on 21 December 2017.

fwp advised Semper Constantia Privatbank Aktiengesellschaft as seller in the process of selling 100% of its shares to Liechtensteinische Landesbank AG (LLB). The transaction structure is highly complex, with the takeover set to take place in two stages at the end of which LLB and Semper Constantia Privatbank will have been merged. The transaction encompassed above all issues of transaction, corporate and supervisory law and, as LLB is a listed company, cross-border capital market issues as well.

fwp, which is well known for its long-standing expertise in corporate, capital market and supervisory law, is the go-to law firm when it comes to legal issues in banking supervision in Austria. ‘fwp successfully advised Semper Constantia Privatbank Aktiengesellschaft already in 2009/2010 when they were establishing a new set-up. We are therefore all the more pleased that we have again been able to bring our expertise in both company law and banking supervision law to bear in such a complex transaction and ensure a successful outcome for our client’, says fwp partner Markus Fellner.