Warburg Bank has sold all its shares in Hanover-based WI AG to Bant-leon AG. In addition to fund management, WI AG focuses primarily on master KVG and fund administration. It manages around EUR 18 billion and has assets under management of over EUR 24 billion. In future, the bank will thus concentrate its institutional asset management activities on its Hamburg-based subsidiary Warburg Invest KAG mbH.
M.M.Warburg & CO Corporate Finance acted as M&A advisor on the sell-side. The transaction team consisted of Martin Dörscher, Richard Göbel, David Dinh and Niklas Chris-tian Tontara. We would also like to thank the legal advisor CMS Germany.
Further information can be found in the press release.