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R&S Group’s Acquisition of Kyte Powertech with Equity Roll-over and Refinancing
On 20 August 2024, R&S Group Holding AG acquired Kyte Powertech Limited, an Ireland-based manufacturer of distribution transformers, based on an enterprise value of EUR 250 million. The funding for the acquisition was secured by a bridge loan amounting to CHF 233 million and a rollover of a significant portion of shares held by the…
Reference: CapLaw-2024-76