Allen & Overy LLP is advising Merck on the tender offer for the shares of AZ Electronic Materials SA, a Luxembourg company whose shares are listed on the London Stock Exchange.

Through a subsidiary, Merck 403.5 pence per share of AZ Electronic capitalising the company at approximately £ 1.6 billion ( approximately EUR 1.9 billion) . The Board of Directors of AZ Electronic Materials supported the takeover offer.

A high purity specialty chemicals manufacturer for the electronics industry, AZ Electronic Materials generated in 2012 sales of $ 794 million with ca.1.100 employees worldwide. Completion of the transaction is subject to approval by the competition authorities and an acceptance rate of 95 % of the share capital .

The international composite team of Allen & Overy is led by partner Dr. Michael J. Ulmer ( Corporate / M & A, Frankfurt) together with partner Richard Browne (Corporate / M & A , London). It consists in particular of the partners Dr. Ellen Brown (antitrust , Hamburg) and Mark Feider (Corporate / M & A, Luxembourg ) , the Counsels Francois Renard (antitrust , Beijing) and Philippe Thiebaud (Corporate / M & A, Luxembourg ) , senior associates Annabelle Croker (Corporate / M & A, London ), Tobias Greven ( Corporate / M & A, Frankfurt) and Dr. Tim Schaper (antitrust , Hamburg) as well as associates Sarah Thomas (Corporate / M & A, London) and Vera Thiemann (antitrust, Hamburg) .

For Merck inhouse tatig : François Naef ( General Counsel ) , Daniela cube , Sonja Hilge and Gabriel Medynska (all Merck Group Legal Services, Darmstadt).