Date Closed

December 3, 2007

Lead Office

Toronto

Value

15.60 Billion USD

On December 3, 2007, Siemens AG sold all of the shares of Siemens VDO Automotive AG, one of the world’s leading suppliers of electronics and mechatronics for the automotive industry, to Continental AG. The deal value is estimated to be approximately US$15.6 billion.

McCarthy Tétrault acted as Canadian counsel to the transaction, advising on all Canadian matters.