For the past several years Cleary Gottlieb has published legal and practical information regarding German public M&A transactions.  For the new edition of the compilation Public Bids and Squeeze-Outs in Germany, a Statistical Survey (2002 – 2016), we have collected and analyzed information related to public bids and squeeze-outs in Germany from January 2002 through December 2016.

The content of the publication is divided into three surveys:

  • Survey I contains detailed information on 472 tender offers, takeover offers and/or mandatory offers launched under the Takeover Act.
  • Survey II offers information on 145 exemptions from the obligation to make a mandatory bid in situations where control is gained over a target.
  • Survey III presents data regarding 509 squeeze-outs of minority shareholders of German stock corporations.

Please click on the link above which will take you to our webpage and the publication.

We hope this compilation of data will be a useful resource regarding public bids and squeeze-outs in Germany. If you have any queries, please feel free to contact Gabriele Apfelbacher (, Oliver Schröder ( or Michael J. Ulmer (