Norton Rose Advises BMW Group On Sale of Cirquent Group
Norton Rose Advises BMW Group On Sale of Cirquent Group To NTT Data, Japan
International Norton Rose LLP advised BMW Group on the majority trade-sale of its subsidiary IT consultancy group Cirquent to Japanese NTT Data. The BMW Group has sold 72.9 percent of its shares to NTT Data but will still own 25.1 percent of the IT consultancy company in the future.
The deal signed July 31 2008 and is subject to EU merger control.
The team was led by Munich based corporate finance partner Dr. Michael Malterer, working closely with partner Igsaan Varachia (tax) and associates Alexandra Hanisch LL.M., Dr. Katrin Stiess (corporate).
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