Freshfields has announced that it advised Hewlett-Packard Company on its global division into two separate listed companies - the largest division of a technology company ever.
As previously reported by CEE Legal Matters (on November 19, 2015), the Hewlett-Packard Company was divided into Hewlett Packard Enterprise Company ("Hewlett Packard Enterprise”), which includes the industry-leading areas of IT infrastructure solutions for businesses, software, and services, and HP Inc. ("HPI”), which will operate the PC and printers business.
Freshfields’ core team advising on the splitting of the divisions and accompanying corporate reorganization consisted of Franz Aleth, Gregor von Bonin, Oliver von Rosenberg, Peter Stelmaszczyk, Stefan Bajohr, Andrea Zimmermann, Ursula Lier, Andreas Groten, Nils Derksen, Michael Stump, Frederic Mirza Khanian, Christiane Fabel, Maike Proehl, Anastasios Moraitis, and Leo Goetz von Olenhusen.
Editorial note: Following the publication of this article, Popovici Nitu Stoica & Asociatii announced that it had advised on Romanian matters related to the split. The PNSA team was led by Partner Vlad Neacsu. Subsequently, CHSH announced that it had "advised HP on the complete separation of its PPS business from the rest of its activities in Bulgaria.”
Image Source: Anton Watman / Shutterstock.com