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.

https://www.biellagroup.com/en/press/news/news-detail/news/exacompta-sas-veroeffentlicht-angebotsprospekt-zur-uebernahme-der-biella-neher-holding-ag/

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