Commerzbank advises Soros Private Equity on Polymer purchase.

Financial News, March, 2003

Byline: William Hutchings

Commerzbank Securities made full use of banking relationships to take the central advisory role on Soros Private Equity Partners' [euro]235m ($256m) acquisition of PolymerLatex from Bayer and Degussa.Matthew Roeser, global head of Commerzbank Securities' financial sponsors group, said: "This is the model for what we try to do. Commerzbank has corporate relationships with both Bayer and Degussa and were able to take this opportunity to Soros in September."

Commerzbank Securities acted as adviser to Soros, giving mergers and acquisitions advice and taking the sole lead manager role on the debt financing. The amount of debt financing has not been disclosed.

Soros Private Equity Partners, which manages $4bn of capital...

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