Slaughter and May advised Siemens on the UK tax and FDI control aspects of the sale of Yunex to Atlantia
Slaughter and May advised Siemens on the UK tax aspects and certain UK foreign direct investment control aspects of the sale of Yunex to Atlantia. The Managing Board and Supervisory Board of Siemens AG have approved the planned transaction. The purchase price is €950 million (enterprise value). Closing of the transaction is subject to regulatory approvals.
Yunex Traffic is a leader in innovative and intelligent infrastructure and traffic solutions for roads and cities. Atlantia is a global leader in mobility infrastructure technology and services.
The firm worked as part of an integrated team with Hengeler Mueller.