Scout24 €285 million acquisition of Finanzcheck.de

20/7/2018

Private acquisition

Value:

€ 285 million

Dollar value:

$ 334 million

Status:

Announced

Date:

20/7/2018

Overview:

Finanzcheck.de is a German consumer loans platform.
The acquisition was financed through Scout24's €1 billion loan.
The deal remains to be approved by the German antitrust authorities.

Mihail Georgiev - Data analyst

Jurisdiction:

Germany

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Germany

Industry sector:

Financial services

Firms:

Leo Schmidt-Hollburg Witte & Frank

Party: Finanzcheck Finanzportale GmbH (Target)

Willkie Farr & Gallagher

Party: Scout24 AG Na (Acquirer)

Related deals