News 20.01.2021

PXR advises Catana Capital on takeover by Lehner Investments (WKN: A28880)

PXR has provided legal and tax advise to Catana Capital in connection with its 100% takeover by Lehner Investments, a financial services holding company listed on the Frankfurt Stock Exchange. The takeover was carried out against in the form of a share-for-share transaction against the issuance of 11.5 million new shares in Lehner Investments at an issue price of €1.64 per share. The transaction was completed January 20, 2021 after the German Financial Supervisory Authority (BaFin) has approved the transaction as part of its owner control procedure.

About Catana Capital

German fintech company Catana is known for its big data and artificial intelligence (AI)-driven asset management approach. It will act as the central asset manager for Lehner Investments group in the future, and will operate under the name Lehner Investments Management.

About PXR

PXR is a full-service law firm specializing in advising companies, entrepreneurs and investors in the technology sector. PXR’s clients include numerous tech companies, private equity and venture capital investors, and entrepreneurs. PXR’s core areas of expertise include tax and corporate law, employment law, and IP/IT and data privacy law.