Companies and investors seeking an exit often consider whether they should pursue a (partial) sale, an initial public offering (IPO) or a combination of the two in a so-called dual track.

Which path is the right one depends on a variety of factors, such as the respective market conditions and the specific situation of the company.

Especially in a difficult and often volatile market environment, dual tracks allow for an exit option that increases transaction security, makes decision-making processes more flexible and optimizes the sales proceeds.

Sullivan & Cromwell has successfully supported numerous dual tracks in recent years. “The firm is therefore very familiar with the dos and don'ts of dual tracks.

In the webcast, they will present the advantages and disadvantages of dual tracks, explain how you can use process parallels most effectively and discuss dual track peculiarities, challenges and lessons learned from practice with you.

Speakers:

Dr. Carsten Berrar, member of the Management Committee of Sullivan & Cromwell, Managing Partner of the Frankfurt office and co-head of the global capital markets practice, has been in charge of many of the largest and most important capital markets transactions in Germany over the last two decades.

Dr. Clemens Rechberger, Partner in the Frankfurt office of Sullivan & Cromwell, has been advising on IPOs for over 15 years, with a particular focus on transatlantic transactions.

Dr. Florian Späth, Senior Associate in Sullivan & Cromwell's Frankfurt office, advises buyers/bidders, sellers and target companies on a wide range of M&A transactions and has specific experience in advising on dual tracks.

Moderation:

Nicole Koludrovic, Deutsche Börse AG

If you would like to participate, please send us an e-mail: 

cmp@deutsche-boerse.com