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FWP and Schoenherr Advise on the Sale of EVN AG Inner-Company Pension Fund

FWP and Schoenherr Advise on the Sale of EVN AG Inner-Company Pension Fund

Austria
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Fellner Wratzfeld & Partner has advised VBV-Pensionskasse Aktiengesellschaft on its acquisition of the inner-company pension fund of Austria's EVN AG energy company. Schoenherr advised EVN AG on the matter.

According to fwp, "an optimal transaction structure made a swift transfer of all pension fund contributions possible and ensured a direct acquisition of the business. Designing the merger of the business of the acquired target company together with the business of the acquiring AVN Pensionskasse allowed for complex legal succession issues to be solved. This required fwp to use a completely new structure so far not commonly used to successfully implement the whole transaction and obtain the regulatory approvals. Merger control issues were dealt with in the shortest time possible. Regulatory clearance in the context of the complex legal environment complemented the transaction."

The fwp team was led by Partner Markus Fellner and Attorney-at-Law Irena Gogl-Hassanin. Partner Lukas Flener provided merger control advice.

The Schoenherr team was led by Partner Ursula Rath, supported by Partner Roman Perner, Counsels Stefan Paulmayer and Johannes Stalzer, and Partner Volker Weiss.

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