December 22, 2017

Milbank Advises ProSiebenSat.1 on Sale of weg.de to lastminute.com

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The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised ProSiebenSat.1 Media SE on the sale of all shares in Comvel GmbH, which operates the travel website weg.de, to lastminute.com Group.

weg.de is one of Germany’s best-known online travel sites and offers its customers the entire range of travel options, from package holidays and all-inclusive vacations, hotels and flights to cruises, rental cars and skiing trips. Since January 2014 weg.de is one of Germany’s best-known online travel sites and has been a wholly owned subsidiary of ProSiebenSat.1 Group.

A Milbank team led by Michael Pujol advised ProSiebenSat.1 on the transaction as lead counsel comprehensively on corporate, tax, finance and competition law.

Advisor to ProSiebenSat.1 Media SE: Milbank, Tweed, Hadley & McCloy LLP

Michael Pujol (lead), Dominik Waldvogel (all Corporate/M&A, Munich), Thomas Kleinheisterkamp (Tax, Munich), Alexander Rinne (Kartellrecht, Munich), Mathias Eisen, Thomas Möller (both Finance, Frankfurt)