Nemetschek has already had a majority interest of 54.3 percent in Graphisoft since December 31, 2006. Due to legal regulations, Nemetschek submitted a public takeover offer on the same terms (2.273 HUF per share, which corresponds to 9 euros per share) for the Graphisoft shareholders. The offer ran from February 4 to March 21, 2007. The purchase price will be paid within 5 business days. The trading agents for the transaction are WestLB Hungaria Zrt. and Erste Befektetesi Zrt. (member of Erste Bank group), while Rein and Partners Freshfields Bruckhaus Deringer acted as the legal advisor for the transaction.