David Rath
Biography
Chambers 2024
“David Rath is sought after for his expertise in IPOs, dual-track transactions and de-SPACs. He is particularly active advising underwriting consortiums.”
Chambers 2024
Overview
David Rath is a partner in White & Case's Global Capital Markets Practice.
He advises corporate and private equity clients as well as investment banks on a broad range of German and international equity capital markets transactions. David's extensive transactional experience enables him to combine sophisticated legal advice and a pragmatic approach to crafting solutions for clients in Germany and around the world. His work encompasses many of the German market's most significant and complex IPOs, spin-offs and capital raisings in recent years.
David also helps corporate clients navigate life as a public company after a listing, including advising clients on German stock corporate and capital markets law, as well as takeover law matters.
Before joining White & Case, David practiced at other leading international law firms in Frankfurt.
Experience
Representative transactions:
Douglas
Advised the underwriting banks on the €850 million IPO and listing of Douglas AG on the Frankfurt Stock Exchange, 2024. *
Birkenstock
Advised the underwriting banks on the $1.48 billion IPO and listing of Birkenstock Holding plc on the New York Stock Exchange (NYSE), 2023. *
MorphoSys
Advised the underwriting banks on the €103 million capital increase with exclusion of subscription rights of MorphoSys AG, 2023. *
thyssenkrupp nucera
Advised the syndicate of banks on the €526 million IPO and listing of thyssenkrupp nucera AG & Co. KGaA on the Frankfurt Stock Exchange, 2023. *
Cheplapharm
Advised Cheplapharm SE on its proposed IPO on the Frankfurt Stock Exchange as well as on the structured investment by global investment firms Atlantic Park and GIC with a total volume of €550 million, 2022. *
Synlab
Advised the underwriting banks on the €772 million IPO and listing of Synlab AG on the Frankfurt Stock Exchange, 2021. *
Majorel
Advised the underwriting banks on the €660 million IPO and listing of Majorel Group Luxembourg S.A. on the Euronext Amsterdam, 2021. *
Vitesco Technologies
Advised the financial advisors on the spin-off of the Vitesco business from Continental AG and the subsequent listing of Vitesco Technologies Group AG on the Frankfurt Stock Exchange, 2021. *
Mytheresa
Advised the underwriting banks on the $344 million IPO and listing of MYT Netherlands Parent B.V. (Mytheresa) on the New York Stock Exchange (NYSE), 2021. *
SUSE
Advised the underwriting banks on the €1.1 billion IPO and listing of SUSE S.A. on the Frankfurt Stock Exchange, 2021. *
Novem
Advised Novem Group S.A. on its IPO and listing on the Frankfurt Stock Exchange, 2021. *
MeinAuto
Advised MeinAuto Group AG on its proposed IPO and listing on the Frankfurt Stock Exchange, 2021. *
Siemens Energy
Advised the financial advisors on the spin-off of the Siemens Energy business from Siemens AG and the subsequent listing of Siemens Energy AG on the Frankfurt Stock Exchange, 2020. *
Nagarro
Advised Allgeier and Nagarro on the spin-off of the Nagarro business from Allgeier SE and the subsequent listing of Nagarro SE on the Frankfurt Stock Exchange, 2020. *
Jumia Technologies
Advised the underwriting banks on the €216 million IPO and listing of Jumia Technologies AG on the New York Stock Exchange (NYSE), 2019. *
Siemens Healthineers
Advised Siemens Healthineers AG on its €4.2 billion IPO as well as two subsequent capital increases without subscription rights with combined proceeds of €5bn to finance the acquisition of Varian, Inc., 2018/2021. *
CECONOMY
Advised CECONOMY AG on the anchor investment by freenet AG through a capital increase with exclusion of subscription rights (PIPE), 2018. *
Westwing
Advised the underwriting banks on the €122 million IPO and listing of Westwing Group AG on the Frankfurt Stock Exchange, 2018. *
home24
Advised the underwriting banks on the €150 million IPO and listing of home24 SE on the Frankfurt Stock Exchange, 2018. *
HelloFresh
Advised the underwriting banks on the €277 million IPO and listing of HelloFresh SE on the Frankfurt Stock Exchange, 2017. *
Evotec
Advised Novo A/S on its anchor investment in Evotec AG through a capital increase with exclusion of subscription rights (PIPE), 2017. *
Uniper
Advised the financial advisors on the spin-off of the Uniper business from E. ON SE and the subsequent listing of Uniper SE on the Frankfurt Stock Exchange, 2016. *
Rocket Internet
Advised the underwriting banks on the €1.4bn IPO and listing of Rocket Internet SE on the Frankfurt Stock Exchange, 2014. *
*Matters prior to working for White & Case.
Leading Individual: Börseneinführungen und Kapitalerhöhungen — JUVE 2024/2025
Next Generation Partner – Equity Capital Markets - The Legal 500 Deutschland 2024
Notable Practitioner – Capital Markets
IFLR1000 2024
Germany's Best Lawyers – Capital Market Handelsblatt 2023 and 2022