Weil Advised General Atlantic on Exit from Axel Springer Digital Classifieds GmbH

Weil advised General Atlantic on the sale of a 15% share in Axel Springer Digital Classifieds GmbH to German listed media company Axel Springer SE for a cash purchase price of EUR 446 million. The deal closed on December 31, 2015.

The Weil team that advised General Atlantic was led by Corporate partner Gerhard Schmidt and included Corporate partners Stephan Grauke, Jonathan Wood and Barbara Jagersberger as well as Tax partner Tobias Geerling and Corporate associates Annabell Grupp and Oliver Olah as well as Tax associate Matthias Full.