Latham & Watkins Advises IKB on Sale to Crédit Agricole

Latham & Watkins LLP has advised IKB Deutsche Industriebank AG (IKB) and its management board on its sale to Crédit Agricole. Crédit Agricole is acquiring 100% of IKB’s share capital from Lone Star Funds. Completion of the transaction is subject to customary closing conditions, including merger control clearances, clearance under the Foreign Subsidies Regulation, and approval by the European Central Bank. Closing is expected by the end of the second quarter of 2027.

The Latham team was led by Frankfurt financial regulatory partner Markus Krüger, with associates Adrian Pandza, Marie-Claire Mollenkopf, and Lasse Winzer. Advice was also provided on M&A matters by counsel Andreas Lönner, with associate Jan Gocha; on IP matters by Frankfurt partner Susan Kempe-Müller; on employment matters by Munich partner Kristina Hufnagel; on antitrust matters by counsel Nils Bremer, with associate Leonhard Seifert; and on tax matters by Munich partner Ulf Kieker.