Tender Offer for Biella

15. March 2019

The French EXACOMPTA SAS published a tender offer prospectus for the takeover of Biella-Neher Holding SA with seat in Brügg.

Exacompta and Biella signed a transaction agreement pursuant to which Exacompta will launch a cash tender offer for all publicly held registered shares of Biella at the price of CHF 4’607.- per share. The Board of Directors of Biella has unanimously resolved to support the tender offer by Exacompta and recommends shareholders of Biella to accept the tender offer.


Kellerhals Carrard (lead Kathrin Enderli, Thomas Bähler, Michèle Remund) counsels Biella in this transaction.