S&C Advises Schaeffler AG in Landmark Initial Offering of Shares Totaling €938 Million

October 8, 2015

S&C has advised Schaeffler AG in its placement of 75 million new and existing non-voting common shares with institutional investors, listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The offering was structured as a private placement to institutional investors only, under Rule 144A to qualified institutional buyers in the U.S., and did not include any public offering.

Schaeffler AG is a leading global supplier of high-quality and technologically advanced components and systems to the automotive and industrial sectors.

The S&C team who represented Schaeffler AG, was led by Mr. Feuring, Mr. Berrar and Mr. Czerniecki.