The ProSiebenSat.1 Group is strengthening its games business by acquiring the online and mobile games publisher Aeria Games Europe via its subsidiary ProSiebenSat.1 Games. The agreement comprises the company’s European headquarter in Berlin, all international game licenses for PC and certain successful mobile games licenses. The vendor is Aeria Games Europe's parent company, Aeria Games & Entertainment, Inc. in the USA, one of the world’s leading games publishers and developers.
The transaction is subject to approval by the competent merger control authorities.
The international law firm Milbank, Tweed, Hadley & McCloy LLP acts as legal advisor on the transaction.
The ProSiebenSat.1 Group was advised by partners Dr. Martin Erhardt (corporate, Munich) (lead), Dr. Thomas Kleinheisterkamp (tax, Munich), Dr. Alexander Rinne (competition law, Munich) and Russell J. Kestenbaum (tax, New York), also by special counsels Dr. Michael Pujol (corporate, Munich) and Dr. Andreas J. Boos (competition law, Munich) as well as associates Christina Correll (corporate, Munich) and Dr. Matthias Schell (tax, Munich).
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm founded in 1866 in New York City. Today Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, New York, São Paulo, Singapore, Tokyo and Washington, DC and is present in all major financial and economic centers of the world. Milbank focuses its worldwide legal services in the areas of finance, transactions and litigation.
The first European office was opened in 1979 in London, followed by Frankfurt in 2001 and Munich in 2004. Due to the close cooperation of the German offices with the finance, corporate, cartel and tax lawyers practicing in other Milbank offices, in particular London and New York, Milbank Germany is in a position to provide fully integrated legal advice on the highest level in all these core areas pursuant to German, English and US law.
