Foot Locker Europe B.V. signed a definitive agreement to acquire RUNNERS POINT Warenhandelsgesellschaft mbH (RPG) from Hannover Finanz GmbH, GBK Beteiligungen AG (HMSE:GBQ), Chief Executive Officer of RPG, Otto Hurler, and Chief Financial Officer of RPG, Harald Wittig for $87 million on May 8, 2013. Under the terms, Foot Locker will acquire $3 million cash and pay off debt of $10 million. Under the terms, Foot Locker Europe B.V. will acquire 60% stake from funds managed by Hannover Finanz GmbH, 15% from GBK Beteiligungen AG (HMSE:GBQ) and remaining from management. RPG generated sales of $254 million in calendar year 2012. Both Hurler and Wittig, along with other members of senior management, will remain with the RPG post-acquisition. The transaction is subject to review by merger control authorities in Germany. As of June 17, 2013, the Federal Cartel Office in Germany approved the deal. The transaction is now expected to close in early July 2013.

Deloitte & Touche Corporate Finance acted as financial advisor for Hannover Finanz GmbH and the management. Georg A Frowein, Joachim Rosengarten, Alf-Henrik Bischke, Martin Klein, Christian Hoefs, Susan Kempe-Müller, Lucina Berger, Lars Voigt, Hendrik Bockenheimer, Sebastian Brack, Matthias Löhle, Friedericke Langguth, Christoph Allmendinger, Christoph Trautrims, and Martin Mohr of Hengeler Mueller acted as legal advisors for Foot Locker. Peter Christian Schmidt, Ferenc Krohn, Fabian Gaffron, Frederik Wiemer, Jörg Swoboda and Christina Silberberger from Heuking Kühn Lüer Wojtek acted as the legal advisors to Hannover Finanz GmbH. Peter Christian Schmidt of Heuking Kühn Lüer Wojtek acted as legal advisor to Hannover Finanz GmbH.

Foot Locker Europe B.V. completed the acquisition of RUNNERS POINT Warenhandelsgesellschaft mbH (RPG) from Hannover Finanz GmbH, GBK Beteiligungen AG (HMSE:GBQ), Chief Executive Officer of RPG, Otto Hurler, and Chief Financial Officer of RPG, Harald Wittig on July 7, 2013.