On 2 February 2016, EQT VII, a fund of the private equity group EQT, acting through Kiwi Holding IV S.à r.l., announced an all-cash public tender offer for all listed shares in Kuoni Travel Holding Ltd (SIX: KUNN), a leading service provider to the global travel industry, for a price of CHF 370 per share. Kuoni’s Board of Directors unanimously recommends its shareholders to accept the offer.
With a view to the launch of the offer, Kiwi has entered into a transaction agreement with Kuoni. In addition, EQT has entered into an arrangement with the Kuoni and Hugentobler Foundation, that holds all non-listed voting shares in Kuoni, regarding Kuoni’s governance and future development.
CapLaw Themes
- FinSA (FIDLEG) (32)
- FinIA (FINIG) (11)
- Insurance (8)
- Securities (92)
- Regulatory (128)
- Takeover (19)
- Derivatives (7)
- News, Deals & Cases (450)
- Events (149)
- Other Areas (8)
CapLaw PDF Archive
Discover more articles
We provide up-to-date information on legal and regulatory developments regarding the capital markets, publish concise articles on developments in the Swiss and international financial markets, and announce recent deals and forthcoming events.