23 December 2016 I Deals and Cases

Bär & Karrer Advises Sempione Retail and OVS on the Settlement of the Public Tender Offer for Charles Vögele Holding

On 19 September 2016, Sempione Retail AG, a company owned by OVS S.p.A., Retails Investment S.R.L. and Elarof Trust, launched an all-cash public tender offer for all listed shares in Charles Vögele Holding AG. With the satisfaction of all its conditions, the offer was settled on 16 December 2016. Sempione Retail currently controls 95% of the voting rights and the share capital of Charles Vögele Holding AG.

Bär & Karrer acts as legal adviser to OVS and Sempione Retail. The team includes Rolf Watter, Dieter Dubs, Phyllis Scholl, Daniel Küpfer, Cyril Tschudin (all M&A) as well as Corrado Rampini and Oliver Rüdlinger (Real Estate), Mani Reinert (Competition Law), Till Spillmann, Ivo von Büren and Pierina Janett (Financing) and Susanne Schreiber and Francesco Carelli (Tax).