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Announced

Completed

MünchenerHyp completed the acquisition of Warburg Hypothekenbank from M.M.Warburg and Landeskrankenhilfe.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

mortgages

Mortgage Finance

Acquisition

Domestic

Germany

Friendly

Private

Completed

Synopsis

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MünchenerHyp, a real estate bank, completed the acquisition of Warburg Hypothekenbank, a mortgage bank, from M.M.Warburg, a German private bank, and Landeskrankenhilfe, an investment services company. Financial terms were not disclosed. “We are delighted to have been able to finalise this attractive transaction swiftly as planned. It will have a positive economic effect and enable us to expand our customer base,” Holger Horn, Münchener Hypothekenbank CEO.

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