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Milbank says it advised LEA on Aleph Alpha–Cohere business combination
Milbank said it advised LEA Venturepartner on the business combination of Aleph Alpha and Cohere. The firm said the combined enterprise would operate under the Cohere name with headquarters in Toronto and Berlin, and that completion remained subject to regulatory approvals.
Key points
- Milbank said the financial terms were not disclosed.Milbank
- The firm identified Michael Bernhardt as the partner leading its corporate transaction team.Milbank
- Milbank named Steffen Post and Maximilian Huber as associates on the team, all based in Frankfurt.Milbank
- The announcement described LEA as an equity investor supporting technology businesses at different stages of development.Milbank