DWS FSE IPO

26/2/2018

IPO

Status:

Announced

Date:

26/2/2018

Overview:

Deutsche Bank's asset management arm DWS is in the process of undertaking its IPO on the Frankfurt Stock Exchange (FSE).
Deutsche Bank is offering 40 million shares in DWS - which will equate to 20% of the businesses share capital - at a price range of €30 to €36 a share.
Credit Suisse, Barclays, and Citibank are leading the transaction.

Katrin Kostadinova - Data analyst

Jurisdiction:

Germany

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

Germany

Industry sectors:

Banking
Financial services

Firms:

Cleary Gottlieb Steen & Hamilton

Party: Deutsche Bank (Parent company)

Lawyer: Ward Greenberg

Freshfields Bruckhaus Deringer

Party: Deutsche Bank (Parent company)

Party: DWS (Issuer)

Lawyers: Gunnar Schuster, Mark Strauch (retired), Rick van Aerssen

Sullivan & Cromwell

Party: Credit Suisse (Lead manager)

Party: Barclays (Lead manager)

Party: Citibank (Lead manager)

Lawyers: Carsten Berrar, Krystian Czerniecki

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