Paul Hastings Advises Attestor on Exercise of Call Option Over Remaining 49% Stake in Condor

Paul Hastings (Europe) LLP advised London-based investment firm Attestor Limited in connection with the exercise of the call option over the remaining 49% stake in leisure airline Condor previously held by SG Luftfahrt GmbH on behalf of the Federal Republic of Germany and the state of Hesse. Attestor acquired its initial 51% majority stake in Condor in 2021 and, with completion of the call option (scheduled for Aug. 31, 2027), will hold all shares in Condor. The option was exercised following Condor’s early repayment of the state aid in spring 2026.

Partner Christopher Wolff led the Paul Hastings team, which included partner Mahmood Kawany and associate Faraz Maneshkarimy (all Private Equity/M&A), Finance associate Johannes Hilpert and Tax counsel Uwe Halbig.

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