Walder Wyss advises u-blox on ZI Zenith tender offer close
Walder Wyss advised SIX-listed positioning and wireless communication technologies specialist u-blox Holding as ZI Zenith – a European indirect subsidiary owned by investment funds managed or advised by Advent International – has completed its public tender offer for all publicly held shares in the company.
After meeting all conditions, ZI Zenith settled the offer and paid an offer consideration of CHF 135 per share to all shareholders who tendered their shares.
The Walder Wyss team
Partner Hans-Jakob Diem (pictured left) and counsel Iliana Djagova (pictured right) co-led the Walder Wyss team on the matter, working alongside senior associate Christian A. Schmid, managing associate Dimitrios Berger, senior associate Kevin Laurent, associates Estelle Mathis, Merens Derungs, and Nicolas von Sinner, as well as trainees Melanie Stofer, Arnaud Lambelet, Lia Müller, and Dominik Lusti, all from the firm’s corporate/M&A team.
