Markus Ernst, partner at Hengeler Mueller, advises on tax issues in connection with transactions, reorganisations, financing transactions, tax audits and contentious proceedings. In addition to tax law issues arising in M&A transactions and reorganisations, another focus of his work is on assisting financial institutions in tax-driven internal investigations. His clients include German and foreign companies, financial institutions and private equity firms. Recently, he advised Adidas on the sale of Reebok, Tencent on the merger of Lilium with the US special purpose acquisition company Qell, PAI on the acquisition of Apleona and Ørsted on the sale of a 50 per cent stake in the offshore wind farm Borkum Riffgrund 3. In addition, he assists financial institutions in connection with the analysis of tax-motivated structures and represents them in their dealings with tax and criminal authorities. Markus publishes and lectures on tax issues on a regular basis.